Thinking about buying in Jingili? Now could not be a better time, with a whopping 732 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $529,000 with prices in this suburb ranging from $430,000 to $622,000.Distance to the coast is 1 Km.
Consistent high demand relative to supply is a key feature in Jingili driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Jingili ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Jingili leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. High density population in Jingili requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Jingili we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Jingili a better buying opportunity than it may have been in the past.
|Median Weekly Rent||$389.40|
|Median Monthly Mortgage||$2070.80|
|Median Persons Per Bedroom||0.82|
|Average Household Size||3.00|
|Average Cars Per Dwelling||2.77|
|Average Properties Within 50M||8.00|
|166 TROWER RD, JINGILI, NT, 0810||3||1||4||$549,000|
|4 PICKFORD ST, JINGILI, NT, 0810||4||2||2||$589,000|
Jingili Primary School(While the above schools are located with the suburb of Jingili there may also be nearby schools whose catchments cover this suburb)
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source: Australian Government Bureau of Meteorology
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