Get a property report and suburb profile for any property in Howard Springs

Join the 2 million Australians* who use our services every year.

Geo Page

Howard Springs suburb profile

Howard Springs is a tranquil suburb situated approximately 29km southeast of Darwin in the Northern Territory. Known for its rural charm and spacious properties, it offers a peaceful lifestyle amidst natural bushland. The suburb is popular among families and those seeking a serene environment away from the hustle and bustle of city life. Howard Springs features a local primary school, community facilities, and the popular Howard Springs Nature Park, which provides opportunities for outdoor activities and wildlife observation. Its proximity to Palmerston and Darwin ensures residents have access to urban amenities while enjoying a relaxed, country atmosphere.

Howard Springs property market performance

Howard Springs has experienced a notable increase in house values over the past 12 months, with a 14.8% rise, bringing the current median house price to $910,000. However, the suburb does not have a unit market, as indicated by the absence of unit sales and median prices.

In terms of sales activity, 18 houses were sold over the last 12 months, but the market appears to be slow-moving, with houses spending a median of 127 days on the market. This suggests that while demand has driven up prices, buyers are taking their time to finalize purchases.

The rental market in Howard Springs remains inactive, with no recorded average rent or changes in rent prices for both houses and units over the past year, indicating a focus on property ownership rather than rental opportunities.

HousesUnits
Median price
Past 3 months
$945KN/A
Change in value
Past 12 months
14.5%N/A
Sold
Past 3 months
15N/A
Median days on market
Past 12 months
129N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/A

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Howard Springs demographics

Howard Springs, located in the Northern Territory, is a tranquil suburb known for its spacious properties and family-friendly environment. With a population of 3,153, it offers a peaceful lifestyle away from the hustle and bustle of city life. The median age of 43 suggests a mature community, with many residents likely enjoying the suburb's serene surroundings and strong sense of community.

The suburb is predominantly composed of couple families, with 46.7% having children and 42.1% without, indicating a balanced mix of family dynamics. The presence of one-parent families is relatively low at 10.6%, while other family types make up a mere 0.6%. This demographic composition highlights Howard Springs as an ideal location for families seeking a supportive and stable environment.

Property ownership in Howard Springs is notably high, with 34.7% of homes owned outright and 48.7% owned with a mortgage. This reflects a community with a strong sense of investment in their homes and long-term residency. The rental market is comparatively small, with only 16.6% of properties being rented, which may appeal to those looking for a more settled and less transient neighborhood.

With a median total household income of $2,560 per week, residents of Howard Springs enjoy a comfortable standard of living. The suburb's appeal lies in its blend of rural charm and modern conveniences, making it a desirable location for those seeking a balanced lifestyle in the Northern Territory.

Howard Springs infrastructure, key developments and investment opportunities

Howard Springs continues to benefit from its strong rural appeal while being within easy reach of Darwin CBD, with recent years seeing robust population and development growth that sustains high property demand. The suburb's major drawcard remains the Howard Springs Nature Park, which offers upgraded facilities and recreational amenities that enhance livability for families and nature enthusiasts.

No substantial infrastructure projects, new schools, or major transport upgrades have been reported recently, and the former Manigurr-ma Village accommodation facility remains closed. The area maintains good proximity to local shops, medical services, and outdoor amenities, but there are no significant council planning changes or large-scale redevelopments expected to directly impact property prices in the immediate future. Overall, Howard Springs’ desirability continues to rest on its established natural and lifestyle advantages, rather than new infrastructure or council initiatives.

Howard Springs rental market trends

The rental market in Howard Springs has remained stable over the past year, with both house and unit rents showing no change. The median rent for both houses and units is currently $0 per week, indicating a unique market situation that may require further investigation for potential investors and renters.

Suburbs near Howard Springs

Some popular suburbs near Howard Springs include:

Common questions about Howard Springs

  • Is Howard Springs a nice place to live?

    Howard Springs is a delightful suburb that offers a serene and peaceful lifestyle, making it a wonderful place to live. Nestled amidst natural bushland, this charming area is perfect for those who appreciate rural charm and spacious properties. The suburb is particularly appealing to families, providing a supportive and stable environment with a strong sense of community. The presence of the popular Howard Springs Nature Park adds to the suburb's allure, offering ample opportunities for outdoor activities and wildlife observation, which are perfect for family outings.

    The vibe in Howard Springs is relaxed and welcoming, with a focus on enjoying the natural surroundings and a slower pace of life. While it may not have the bustling nightlife or trendiness of a city suburb, it compensates with its tranquil atmosphere and the convenience of being within easy reach of Palmerston and Darwin. This proximity ensures that residents have access to urban amenities such as shopping, medical services, and dining options, while still enjoying the benefits of a country lifestyle.

    Safety is generally not a concern in Howard Springs, contributing to its appeal for families and those seeking a peaceful environment. However, living in this suburb does come with some trade-offs. The lack of recent infrastructure projects or major transport upgrades means that residents may need to rely on their own vehicles for commuting. Additionally, the absence of new schools or large-scale developments might limit options for those seeking the latest amenities. Nonetheless, for those who value a balanced lifestyle with a strong community feel and the beauty of nature at their doorstep, Howard Springs is a truly nice place to call home.

    Down Pointer
  • Is it expensive to live in Howard Springs?

    Living in Howard Springs can be considered relatively expensive, especially when you look at the current property market. The median house price is $910,000, which is quite substantial. However, it's important to note that there isn't much data on unit prices or rental costs, which might limit housing options for those not looking to buy a house.

    When comparing the average annual wage in Howard Springs, which is $75,000, to the median total household income weekly of $2,560, it suggests that many households have multiple income earners. This could be a necessity given the high property prices. The average wage in Howard Springs might not stretch far enough to comfortably cover the costs associated with buying a home, especially if you are relying on a single income.

    Overall, if you are thinking of living in Howard Springs, you should carefully evaluate your financial situation. The cost of buying a house is significant, and without available data on rental prices, it might be challenging to find affordable housing options. Despite these financial considerations, Howard Springs might still appeal to those who value its lifestyle and community aspects, but it's crucial to ensure your budget aligns with the area's living expenses.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Howard Springs a good place to invest?

    Howard Springs presents an interesting opportunity for property investors, particularly those focused on houses. Over the past 12 months, the suburb has experienced a significant 14.8% increase in median house values, indicating strong demand and potential for capital growth. This surge suggests that the area is becoming increasingly desirable, possibly due to factors like lifestyle appeal or proximity to key amenities.

    However, it's important to note that the rental market in Howard Springs has remained stable, with no change in rent for both houses and units over the past year. This stability might appeal to investors seeking consistent rental income, although it also suggests that rental demand hasn't seen the same growth as property values. For those considering units, the lack of change in median unit values indicates a more stagnant market, which might not offer the same immediate growth potential as houses.

    Overall, Howard Springs could be a promising choice for investors looking to capitalize on the rising house values. The suburb's recent growth in property prices suggests a positive trend, although the flat rental market may require a longer-term perspective for those seeking rental income. As always, understanding the local market dynamics and future development plans will be key to making the most of an investment in Howard Springs.

    Down Pointer

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.