Question 1

Is Woodroffe a nice place to live?

Accepted Answer

Woodroffe is a residential suburb of Palmerston a short drive from Darwin, with mainly single-storey homes and some newer townhouses set among easy-care lawns and tropical trees. The community of 3,175 people has a median age of 33 and is weighted towards families — couple families with and without children make up 74.8% of families — while ownership is common alongside a large renter cohort (57.5% owner-occupied, 42.5% rented). Everyday life here revolves around outdoor living and active community sport in the Territory’s wet and dry climate, and the suburb tends to appeal to families, first-home buyers and people working in Palmerston or Darwin.

Several local amenity projects are planned or under way: the Northern Territory Government has committed $6.45 million to redevelop Woodroffe Oval with upgrades to the playing surface, lighting, change rooms and clubhouse; the City of Palmerston has allocated $650,000 plus a $600,000 grant for Woodroffe Park renewals including new play equipment and shade; and an $11.6 million commitment has been made for a permanent Danila Dilba health clinic in Woodroffe. Together these will add sporting, park and health facilities close to home.

Question 2

Is it expensive to live in Woodroffe?

Accepted Answer

Buying a house in Woodroffe sits well above what local households earned as recorded at the most recent Census: the $630,000 median house price is about 6.4 times a typical local household's annual income at the last Census. Renting is comparatively less stretched: an average house rent of $650 a week would take about 34.4% of a typical local household's weekly income at the last Census, a sizeable share, while an average unit rent of $495 a week would take about 26.2%, a moderate share. On these figures, renting, particularly a unit, looks the more manageable option against local incomes, but whether that feels expensive depends on your own circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Woodroffe a good place to invest?

Accepted Answer

House values in Woodroffe climbed 31.5% over the past 12 months, a strong rise, while house rents increased 12.1% over the same period, also a strong gain. That means capital growth has been the larger movement this year for houses, while the rent figure is the one that matters if rental income is your priority. Whether that balance fits your investment goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$630K	N/A
Change in value Past 12 months	31.5%	N/A
Sold Past 3 months	22	6
Median days on market Past 12 months	53	N/A
Average rent Past 12 months	$650	$495
Change in rent Past 12 months	12.1%	N/A

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