Bayview, NT 0820: Suburb Profile & Property Report

Market Report

House report
Unit Report

Bayview has 17 houses available for sale. The median property price for a house is currently $791,500 with annual capital growth of 4.83% . There were 14 house sales in the past 12 months. On average, houses spend 46 days on market.

If you're thinking about buying an investment property in Bayview, consider that rental yields for houses are currently 5.26% with an average median rent of $795 weekly. Houses have seen -16.02% growth in the past quarter, and 4.83% growth in the past 12 months.

The size of Bayview is approximately 1.7 square kilometres. It has 6 parks covering nearly 0.8% of total area. The population of Bayview in 2011 was 1,522 people. By 2016 the population was 1,663 showing a population growth of 9.3% in the area during that time. The predominant age group in Bayview is 20-29 years.

Households in Bayview are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bayview work in a professional occupation. In 2011, 49.5% of the homes in Bayview were owner-occupied compared with 44.9% in 2016.

Bayview has 30 units available for sale. The median property price for a unit is currently $520,000 with annual capital growth of -1.33% . There were 32 unit sales in the past 12 months. On average, units spend 70 days on market.

If you're thinking about buying an investment property in Bayview, consider that rental yields for units are currently 6.53% with an average median rent of $700 weekly. Units have seen -5.45% growth in the past quarter, and -1.33% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$791,500	$520,000
Quarterly growth	-16.02%	-5.45%
12-month growth	+4.83%	-1.33%
Average annual growth	+1.08%	+7.34%
Weekly median rent	$795	$700
Gross rental yield	5.26%	6.53%
Number of Sales (12m)	14	32
Avg. Days on Market (12m)	46	70

Jump to Market Trends

Key Demographics	2011	2016
Total population	1,522	1,663
Population change (5y)	+24.24%	+9.30%
Median household income (p/w)	$2,655	$3,101
Household income change (5y)	+32.75%	+16.80%
Median age of persons	32	33

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Bayview is $791,500 for houses and $520,000 for units.

The Median Growth in Bayview over the past 12 months is 4.83% for houses and -1.33% for units.

Over the past 12 months there were 14 houses sold and 32 units sold in Bayview. On average, houses spent 46 days on market and units spent 70 days on market.

In the past 12 months up to August 2024 there were 14 houses sold and 32 units sold in Bayview. On average, houses spent 46 days on market and units spent 70 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Bayview is $795 for houses and $700 for units.

The Rental Yield in Bayview is 5.26% for houses and 6.53% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Bayview was 1,663 in 2016, a +9.30% change compared to 2011.

The predominant age group in Bayview is 20-29 years.

The population of Bayview was 1,663 in 2016, a +9.30% change compared to 2011.

The predominant age group in Bayview is 20-29 years.

Most of the population in Bayview were born in Australia.

Most of the population in Bayview report their religion as No Religion.

Most of the population in Bayview report their income range as $182,000 .

The median household income in Bayview was $3,101 in 2016, a +16.80% change compared to 2011.

Most of the population in Bayview report their income range as between $130,000 and $182,000 .

The median household income in Bayview was $2,655 in 2011, a +32.75% change compared to 2006.

Most of the population in Bayview work as Professional.

The chart below demonstrates the various levels of education in Bayview.

Most of the population in Bayview reached a qualification level of Certificate.

2011 2016

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