This property is Off Market
With an average age of 37, households expect an average monthly mortgage payment of $2,254 or a weekly rent payment of $410. The average family earns a weekly income of $2,281 with a typical household size of 2.7 and a 93.45% employment rate.
Consistent high demand relative to supply is a key feature in Tiwi driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Tiwi ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Tiwi changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. High density population in Tiwi requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 8%)
Tiwi a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
65 / 100
55 / 100
Industry
24 / 100
29 / 100
Population
96 / 100
50 / 100
House Prices
85 / 100
61 / 100
Jobs
19 / 100
27 / 100
Incidents Trend State Average
Alawa Primary School
Alawa, NT, 0810 State P-6
Nemarluk School
Alawa, NT, 0810 State P-6
Jingili Primary School
Jingili, NT, 0810 State P-6
Dripstone Middle School
Tiwi, NT, 0810 State 7-9
Henbury School
Tiwi, NT, 0810 State 7-12
Wagaman Primary School
Wagaman, NT, 0810 State P-6
Nakara Primary School
Nakara, NT, 0810 State P-6
Wanguri Primary School
Wanguri, NT, 0810 State P-6
Holy Spirit Catholic Primary School
Wanguri, NT, 0810 Independent T-6
Casuarina Senior College
Moil, NT, 0810 State 10-12
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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