Thinking about buying in Tennant Creek? Now could not be a better time, with 1829 properties either residential or commercial there's certainly plenty to choose from.
The average property price for this area is $332,000 with prices in this suburb ranging from $52,000 to $1,991,000.
Distance to the coast is 487 Km.
|Median Weekly Rent||$215.44|
|Median Monthly Mortgage||$1108.22|
|Median Persons Per Bedroom||1.07|
|Average Household Size||2.67|
|Average Cars Per Dwelling||1.31|
|Average Properties Within 50M||11|
|1 Bed $246,000|
|2 Bed $277,000|
|3 Bed $326,000|
|4 Bed $497,000|
In Tennant Creek there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Tennant Creek due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. Low average earnings from people in Tennant Creek 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. Medium density in Tennant Creek necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Tennant Creek 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 Tennant Creek a better buying opportunity than it may have been in the past.
|45 AMBROSE ST, TENNANT CREEK, NT, 0860||4||3||2||$590,000|
|17 HOLLIS ST, TENNANT CREEK, NT, 0860||3||3||4||$485,000|
|22 KITTLE ST, TENNANT CREEK, NT, 0860||3||1||2||$299,000|
|26 WOLSELEY ST, TENNANT CREEK, NT, 0860||4||2||1||$300,000|
|111 AMBROSE ST, TENNANT CREEK, NT, 0860||3||1||$285,000|
|27 BROWN ST, TENNANT CREEK, NT, 0860||4||2||4||New Price $700,000|
|183 PATERSON ST, TENNANT CREEK, NT, 0860||$200,000|
|36 TURNER ST, TENNANT CREEK, NT, 0860||3||2||4||$275,000|
|20 SCOTT ST, TENNANT CREEK, NT, 0860||Bargain price $325,000!|
|7 AMBROSE ST, TENNANT CREEK, NT, 0860||4||2||4||$235,000|
|17 STAUNTON ST, TENNANT CREEK, NT, 0860||4||2||$335,000|
|54 STUART HWY, TENNANT CREEK, NT, 0860||4||2||7||Price on Application|
|7 MEMORIAL DR, TENNANT CREEK, NT, 0860||4||1||4||Keen to Sell $375,000!|
Tennant Creek Primary School
Tennant Creek High School(While the above schools are located with the suburb of Tennant Creek 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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