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