Zuccoli (832) is a suburb in Northern Territory that continues to attract attention from both homeowners and investors. Located approximately 24km from the Darwin CBD, the suburb benefits from solid transport and amenity access.
Zuccoli has a population of approximately 4,131, a median age of 27, a median weekly household income of $2,991. With 74% owner-occupier rate, this is predominantly a homeowner market, which supports long-term price stability. Across the broader LGA, 27.0% of residents hold a university qualification.
Key employment industries in the broader local government area include Public Administration and Safety (20.7%), Health Care and Social Assistance (12.1%), Construction (10.5%).
The current median house price in Zuccoli is $650,000. The suburb has delivered strong average annual growth of 27.7% over the past five years, outperforming many comparable markets. In the past 12 months, prices have increased 15.04%.
Properties in Zuccoli spend an average of 34 days on market. Online buyer demand is currently rated as high online demand. Stock on market sits at 0.56%. With inventory levels at just 0.36 months, supply is tight relative to demand.
The median weekly rent for houses in Zuccoli is $750. Gross rental yield sits at 6%, which is above average and attractive for cashflow-oriented investors. Vacancy rate is 1.39%, reflecting healthy rental demand. Rental growth is 2.74% year-on-year.
The broader local government area is forecast to grow from 44,108 to 50,508 residents by 2031, representing 14.5% population growth. This level of growth typically supports continued demand for housing and infrastructure investment.
Explore other suburb profiles in the area: Bakewell, NT, Bellamack, NT, Johnston, NT, Rosebery, NT.
Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Zuccoli or need help identifying the right suburb for your strategy, get in touch with our team.
The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.