Nightcliff is NT's cheapest locality to buy waterfront units: Investar

Nightcliff is NT's cheapest locality to buy waterfront units: Investar
Staff reporterJune 1, 2017

Nightcliff is Northern Territory’s cheapest locality to purchase a waterfront unit, according to Investar’s latest report.

The property investment firm says that the median price of waterfront units in Nightcliff is $219,000.

This is followed by Coconut Grove with $368,500 and Rapid Creek with $385,000

Suburb

Postcode

Bedrooms

Current median price

Nightcliff

0810

Studio and 1

$219,000

Coconut Grove

0810

2

$368,500

Rapid Creek

0810

2

$385,000

Stuart Park

0820

2

$445,000

Bayview

0820

3

$492,500

A one bedroom unit at 16/55 Aralia Street, Nightcliff (above) has been listed for $159,000.

Similarly a one bedroom studio at 8/5 Poinciana Street, Nightcliff (below) has been listed for $199,000.

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