Thinking about buying in Coconut Grove? Now could not be a better time, with 2222 residential properties there's certainly plenty to choose from. Coconut Grove is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
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Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Coconut Grove 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. A mix of professions and above average income earners in Coconut Grove provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Coconut Grove 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.
unit 4, 33 sunset dr, coconut grove, nt, 0810 | 3 | 2 | 0 | OVER $450,000 | |
unit 3, 4 musgrave cr, coconut grove, nt, 0810 | 3 | 2 | 3 |
St Paul's Catholic Primary School
Millner Primary School
The Essington International School Darwin
Nightcliff Primary School
Nightcliff Middle School
Jingili Primary School
(While the above schools are located with the suburb of Coconut Grove there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 15.8 | 25.1 | 32.0 | 63.1 | 94.1 | 4.7 | 18.8 |
Feb | 13.8 | 25.3 | 32.2 | 62.4 | 93.8 | 4.4 | 21.0 |
Mar | 8.2 | 25.2 | 32.7 | 58.5 | 94.6 | 3.7 | 21.2 |
Apr | 3.7 | 24.3 | 33.1 | 46.7 | 92.5 | 3.5 | 21.8 |
May | 0.7 | 22.5 | 32.4 | 37.4 | 86.1 | 3.9 | 20.8 |
Jun | 0.0 | 20.0 | 31.3 | 31.6 | 85.9 | 3.9 | 20.2 |
Jul | 0 | 19.5 | 31.6 | 29.2 | 87.6 | 3.7 | 20.8 |
Aug | 0.1 | 19.6 | 32.2 | 27.1 | 89.2 | 3.6 | 22.6 |
Sept | 0.8 | 22.8 | 33.5 | 35.6 | 89.8 | 3.7 | 24.7 |
Oct | 2.4 | 24.5 | 34.0 | 41.0 | 89.9 | 4.0 | 25.4 |
Nov | 5.4 | 25.3 | 34.0 | 48.7 | 90.7 | 3.7 | 24.6 |
Dec | 7.5 | 25.7 | 33.5 | 55.2 | 92.2 | 3.7 | 22.6 |
source: Australian Government Bureau of Meteorology
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