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Nakara suburb profile

Nakara is a residential suburb located in the northern part of Darwin, Northern Territory, known for its laid-back lifestyle and community-oriented atmosphere. Situated close to Charles Darwin University and Casuarina Square, the suburb offers convenient access to educational and shopping facilities. Nakara is characterized by its leafy streets, spacious parks, and family-friendly environment, making it an attractive choice for families and students. The suburb's proximity to the Casuarina Coastal Reserve provides residents with opportunities for outdoor activities and enjoying the natural beauty of the area. With its relaxed vibe and essential amenities, Nakara is a welcoming place to call home.

Nakara property market performance

Nakara has seen a notable increase in its property market, with house values rising by 9.8% over the past 12 months, bringing the median house price to $752,000. The absence of unit sales is evident, reflecting no change in median unit values.

Over the past three months, 10 houses have been sold, with an average of 57 days on the market, indicating steady interest. No unit transactions have been recorded, highlighting a focus on house sales in the area.

The rental market for houses in Nakara has strengthened, with average rents rising by 11.1% up to $750. Unit rentals remain stagnant, consistent with the lack of transactional activity in the unit market.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
22.8%N/A
Sold
Past 3 months
9N/A
Median days on market
Past 12 months
57N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
12.3%N/A

5 year median price trend for houses and units

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Nakara demographics

Nakara, a suburb in the Northern Territory's capital city of Darwin, offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 1,906, Nakara is a close-knit community that appeals to families and professionals alike. The median age of 36 suggests a mature community, with many residents likely to be established in their careers and family lives. The suburb's proximity to Charles Darwin University and Casuarina Square, one of the largest shopping centers in the Northern Territory, adds to its appeal for those seeking both educational and retail opportunities.

The housing landscape in Nakara is diverse, with a significant portion of properties being owned outright (30.5%) or with a mortgage (33.5%), indicating a stable residential base. However, the rental market is also active, with 36.1% of properties being rented, which may attract students and transient professionals. The suburb's family-friendly nature is evident, with nearly half of the families being couple families with children (48.2%), while couple families without children make up 35.2% of the community. This demographic mix contributes to a balanced and harmonious living environment.

Nakara's residents enjoy a relatively high median household income of $2,424 per week, reflecting the suburb's economic stability and the professional occupations of its inhabitants. The community's composition, with a small percentage of one-parent families (13.9%) and other family types (2.7%), further underscores its appeal to traditional family units. Overall, Nakara offers a comfortable suburban lifestyle with the benefits of urban proximity, making it an attractive choice for those looking to settle in Darwin.

Nakara infrastructure, key developments and investment opportunities

Nakara benefits from its proximity to major employment and education hubs, including Charles Darwin University, Casuarina Square and Royal Darwin Hospital, which underpins steady housing demand and supports long-term capital growth prospects.[4] The suburb’s established parks, leafy streets and walkable access to nearby beaches and a large bus interchange enhance everyday livability and make the area attractive to families and professionals seeking convenience without relying heavily on a car.[4]

There are currently no widely reported large-scale new infrastructure or redevelopment projects within Nakara itself, and the suburb remains predominantly low-density and tightly held, with limited new construction activity.[4] However, ongoing investment and activity in nearby commercial and institutional precincts around Casuarina and the university are expected to continue supporting local property values by reinforcing Nakara’s position as a well-located, amenity-rich residential enclave.[4]

Nakara rental market trends

The Nakara rental market shows notable house rent growth, with an 11.1% increase over the past year to $750 per week. Unit rents have remained stable at $0 per week. The focus on house rents highlights a growing demand, offering opportunities for investors in this Northern Territory suburb.

Suburbs near Nakara

Some popular suburbs near Nakara include:

How does Nakara compare to nearby suburbs?

  • Median house prices: Nakara’s median house price is 11.5% lower than Lyons’s.
  • House price growth: Over the past 12 months, house prices in Nakara have grown 6.8% higher than in Tiwi.
  • Selling speed for houses: Properties in Nakara are selling 16.2% faster than in Alawa.
  • House price growth: Over the past 12 months, house prices in Nakara have grown 13.5% higher than the average rate of growth across Darwin.

Common questions about Nakara

  • Is Nakara a nice place to live?

    Nakara is a delightful suburb that offers a peaceful and community-focused lifestyle, making it a charming place to live. Nestled in the northern part of Darwin, it provides a perfect blend of suburban tranquility and convenient access to urban amenities. The suburb is known for its leafy streets and spacious parks, creating a serene environment that is particularly appealing to families. Its proximity to educational institutions and shopping centers ensures that residents have easy access to essential services and recreational activities, enhancing the overall livability of the area.

    The vibe in Nakara is relaxed and welcoming, with a strong sense of community that makes it an ideal place for families to settle. The suburb's location near the Casuarina Coastal Reserve offers residents the opportunity to enjoy outdoor activities and the natural beauty of the area. Safety is generally not a major concern, contributing to the suburb's family-friendly atmosphere. While Nakara may not have the bustling nightlife of more urban areas, it compensates with its peaceful environment and the convenience of nearby amenities.

    For families, Nakara offers a balanced lifestyle with access to good schools and a supportive community network. However, one trade-off of living in Nakara is the limited new construction activity, which means housing options may be more restricted compared to other areas. Despite this, the suburb's established parks and walkable access to nearby beaches make it an attractive choice for those seeking a harmonious living environment. Overall, Nakara is a lovely place to call home, especially for those who value a relaxed lifestyle with the benefits of urban proximity.

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  • Is it expensive to live in Nakara?

    Living in Nakara can be considered relatively affordable, especially when compared to other inner-city suburbs in Australia. The median house price is around $752,000, which is quite reasonable given its proximity to Darwin's city center. It's important to note that there are currently no units available, which means those looking to rent or buy will need to focus on houses.

    For renters, the average rent for houses is $750 per week. This is manageable when considering the average weekly wage in Nakara is approximately $2,424. This income level is quite robust, allowing residents to comfortably cover housing costs while still having a significant portion of their income available for other expenses.

    Overall, Nakara offers a balanced cost of living, with housing prices and rents that align well with the local income levels. If you are thinking of living in Nakara, it's a suburb that provides a good mix of affordability and convenience, especially for those working in or near Darwin's city center.

    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.
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  • Is Nakara a good place to invest?

    Nakara presents an interesting opportunity for property investors, particularly those focusing on houses. Over the past 12 months, the suburb has experienced a notable 9.8% increase in median house values, indicating a strong demand and potential for capital growth. This is complemented by an impressive 11.1% rise in house rents, suggesting a robust rental market that can offer attractive returns for investors seeking rental income.

    While the unit market in Nakara has remained stable with no change in median values or rents, this stability can be appealing for investors looking for low-risk, steady investments. The lack of growth in the unit sector might also hint at potential future opportunities, especially if the demand for more affordable housing options increases.

    Overall, Nakara's recent performance in the housing market, coupled with its rental growth, makes it a promising suburb for investment. The combination of capital appreciation and rental yield in the house market provides a compelling case for investors, particularly those interested in long-term growth and consistent returns. While units have remained flat, they could offer a stable investment for those looking to diversify their portfolio.

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Choose the right real estate agents in Nakara

Currently, there are 21 real estate agents working in Nakara—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 21 agents sold 40.0% of all properties in Nakara over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Nakara typically charge a commission of 2.25% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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