Zuccoli NT Property Investment

THE MARKET

Zuccoli has compounded at 10.2%/yr over 5 years — a house that cost $393,797 in 2021 is worth $640,000 today. Properties are sitting on market for 31 days (roughly balanced conditions). At the same growth rate, today's median reaches $1,040,131 by 2031.

- **Median house:** $640,000 | **Units:** $343,993 - **Gross yield:** 6.1% | **Net yield:** 4.6% - **5yr price CAGR:** 10.2%/yr | **3yr forecast:** 11.4%/yr - **Population:** 39,471 | **Owner-occupier rate:** 31% | **Affluence:** High

- **Supply pipeline:** Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

- **Vacancy:** 2.9% (stable) | **Rental demand:** Moderate - **Median weekly rent:** $750/wk | **Days on market:** 31 (stable) - Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

- **Median nightly rate:** $160/night | **Occupancy:** 62% - **Estimated annual STR gross:** ~$36,208/yr - **vs long-term rent:** $39,000/yr (comparable — LTR offers simpler management)

INFRASTRUCTURE & CATALYSTS

- **Zuccoli Community Hub** (under construction) - **Zuccoli Primary School** (completed) - **Mother Teresa Catholic Primary School** (completed) - **Zuccoli Aspire Shopping Village** (planned) - **Transport:** Standard suburban transport access

BULL CASE

If Zuccoli maintains 3%+ annual growth and vacancy stays below 2.0%, median prices could reach $736,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Zuccoli pull back 10-15% from $640,000, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

KEY RISKS

- No significant risk factors identified for this suburb

COMPARABLE MARKETS

- **Anula** (NT): $620,000 median, 5.7% yield, 21.6% 1yr growth - **Berrimah** (NT): $473,682 median, 9.1% yield, 14.7% 1yr growth - **Brinkin** (NT): $638,691 median, 4.7% yield, 8.2% 1yr growth

THE PLAY

Zuccoli presents a compelling investment opportunity. The combination of solid fundamentals and moderate rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 6.1% and prioritise properties with value-add potential. Consider timing entry around the current growth phase of the market cycle.

- Entry range: $576,000 – $704,000 - Minimum gross yield to target: 6.4% - Watch signal: vacancy dropping below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.