Australian House Prices 2003 to 2015: Darwin and Northern Territory

Australian House Prices 2003 to 2015: Darwin and Northern Territory

Changes in Australian Median House Prices 2003 to 2015 for Darwin and Northern Territory

Median Price of Established House Transfers in Northern Territory

 

Median Price of Established House Transfers
 Darwin   Rest of NT 
Dec-2003  $  226,000  $  204,500
Dec-2004  $  259,000  $  227,000
Dec-2005  $  320,000  $  246,000
Dec-2006  $  380,000  $  260,000
Dec-2007  $  418,500  $  289,000
Dec-2008  $  445,000  $  296,800
Dec-2009  $  520,000  $  368,000
Dec-2010  $  545,000  $  435,000
Dec-2011  $  515,000  $  410,000
Dec-2012  $  561,000  $  428,000
Dec-2013  $  579,000  $  424,000
Dec-2014  $  582,000  $  420,000
Dec-2015  $  582,500  $  403,800

 

Median Price of Attached Dwelling Transfers in Northern Territory

 

Median Price of Attached Dwelling Transfers
 Darwin   Rest of NT 
Dec-2003  $  135,500  $  129,000
Dec-2004  $  171,000  $  175,000
Dec-2005  $  225,000  $  197,800
Dec-2006  $  260,000  $  198,000
Dec-2007  $  307,500  $  210,000
Dec-2008  $  329,000  $  240,000
Dec-2009  $  400,000  $  332,500
Dec-2010  $  420,500  $  350,000
Dec-2011  $  399,500  $  336,500
Dec-2012  $  410,500  $  300,000
Dec-2013  $  481,000  $  370,000
Dec-2014  $  439,600  $  345,500
Dec-2015  $  440,000  $  290,000

 

Source:

ABS 6416.0 – Residential Property Price Indexes: Eight Capital Cities, Dec 2015

Darwin property prices are based on the Greater Darwin area with a population of about 136,245 and covering an area of 112 km2 ( 43 sq miles). Population Density of Darwin is about 3,153 people per sq mile.

NT has a population of about 243,700 and a land area of 1,349,129 km² (520,902 sq miles).
Population Density of the NT is about 0.5 people per sq mile.

About 56% of the NT population live in its Capital City, Darwin.

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