Karama NT 0812

Here you can find what you need to know about Karama, NT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$383k Median Sale Price (National Average $485k) 45th In NT
-8.05% Median Price Change (1 yr) (National Average 4.30%) 143rd In NT
$450pw Median Rent (National Average $395) 51st In NT
6.1% Median Gross Yield (National Average 4.24%) 12th In NT
Upgrade to Premium to see median values for houses split by bedrooms. Learn more
Properties sold 48
Average discounting -9.60%
Average Days on Market 72
Stock on Market 23 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

Example Only
Upgrade to Premium to view Investment Strategy Scores for every available property and suburb in Australia
Upgrade to Premium to view pros & cons and Investment Strategy Scores for every available property and suburb in Australia
How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Karama, NT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Karama, NT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Karama, NT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Karama


Loading

Latest Auction Results for Karama as at 19 May 2019

Property Details
Sale Price
4Bed / 4Bath / Car / House
-

State Auction Clearance Rates - May 2019

Auctions Clearance rate
NT 9 0%
ACT 31 52%
NSW 276 56%
QLD 76 40%
SA 83 51%
TAS 3 0%
VIC 432 61%
WA 29 22%

Local Schools


Loading

Suburb Information

Karama, NT 0812

Part of: Darwin Council No data available

The size of Karama is approximately 2.1 square kilometres. It has 12 parks covering nearly 3.3% of total area. The population of Karama in 2011 was 4,844 people. By 2016 the population was 4,927 showing a population growth of 1.7% in the area during that time. The predominant age group in Karama is 10-19 years. Households in Karama are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Karama work in a professional occupation. In 2011, 59.2% of the homes in Karama were owner-occupied compared with 57.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Karama

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Karama   for Houses in last 12 months


There have been 45 Houses sold in Karama in the past 12 months with a median sale price of $383K, up -6.93% annually. It takes on average 76 days to sell with vendor discounting of -9.42%.

Streets in Karama


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Cooroy QLD, 4563 3.40% $532,500 $477pw 4.7% View Suburb Profile
Edwardstown SA, 5039 12.90% $525,000 $390pw 3.9% View Suburb Profile
Callala Bay NSW, 2540 6.54% $627,500 $400pw 3.3% View Suburb Profile
Nightcliff NT, 0810 -19.41% $612,500 $600pw 5.1% View Suburb Profile
Millgrove VIC, 3799 19.24% $409,000 $325pw 4.1% View Suburb Profile
Berwick VIC, 3806 0.91% $685,000 $420pw 3.2% View Suburb Profile