Nightcliff the cheapest locality for NT units: Investar

Nightcliff the cheapest locality for NT units: Investar
Staff reporterMay 31, 2017

Nightcliff is the cheapest Northern Territory locality for units, according to Investar's recent report.

The property investment firm says that units in Nightcliff has a median price of $215,000.

This is followed by Gillen with $254,500 and The Gap with $262,000.

Suburb

Postcode

Bedrooms

Current median price

Median price 1 year ago

Nightcliff

0810

Studio and 1

$215,000

$220,000

Gillen

0870

2

$254,500

$269,000

The Gap

0870

2

$262,000

$326,000

Driver

0830

2

$279,000

$322,000

Katherine

0850

2

$299,500

$319,000

A one bedroom unit at 13/5 Poinciana Street, Nightcliff (above) has been listed for $163,500. 

Similarly a one bedroom unit at 25/5 Poinciana Street, Nightcliff (below) has been listed for $180,000.

Editor's Picks

Hamton launches sales at Scotch Hill Gardens, Hawthorn
RBA cut interest rates amid inflation decline
Reddam House North Shore opening to lure families to North Sydney
Woolworths to sell another prime Brisbane development site with apartment approval
TOGA's vision for building vibrant new community precincts across Sydney