Mcminns Lagoon NT 0822

Here you can find what you need to know about Mcminns Lagoon, 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

$646k Median Sale Price (National Average $485k) 6th In NT
17.90% Median Price Change (1 yr) (National Average 4.30%) 1st In NT
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Investment Strategy Scores

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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.

Mcminns Lagoon, 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.

Mcminns Lagoon, 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.

Mcminns Lagoon, 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 Mcminns Lagoon


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State Auction Clearance Rates - April 2019

Auctions Clearance rate
NT 11 0%
ACT 35 44%
NSW 213 57%
QLD 22 38%
SA 42 17%
VIC 48 59%
WA 18 25%

Local Schools


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Suburb Information

Mcminns Lagoon, NT 0822

Part of: Litchfield Council No data available

The size of Mcminns Lagoon is approximately 13.4 square kilometres. It has 1 park covering nearly 3.1% of total area. The population of Mcminns Lagoon in 2011 was 714 people. By 2016 the population was 816 showing a population growth of 14.3% in the area during that time. The predominant age group in Mcminns Lagoon is 40-49 years. Households in Mcminns Lagoon are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Mcminns Lagoon work in a trades occupation. In 2011, 76.4% of the homes in Mcminns Lagoon were owner-occupied compared with 76.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Mcminns Lagoon

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Mcminns Lagoon   for Houses in last 12 months


There have been 12 Houses sold in Mcminns Lagoon in the past 12 months with a median sale price of $625K, up 17.9% annually. It takes on average 168 days to sell with vendor discounting of -7.27%.

Streets in Mcminns Lagoon


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