2/14 Forrest Parade

Bakewell NT 0832

The size of Bakewell is approximately 1.4 square kilometres. It has 9 parks covering nearly 5.1% of total area. The population of Bakewell in 2011 was 3,191 people. By 2016 the population was 3,075 showing a population decline of 3.6% in the area during that time. The predominant age group in Bakewell is 30-39 years. Households in Bakewell are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bakewell work in a clerical occupation. In 2011, 56.9% of the homes in Bakewell were owner-occupied compared with 55% in 2016.

Bakewell has 1,443 properties. Over the last 5 years, Houses in Bakewell have seen a 23.89% increase in median value, while Units have seen a 20.74% increase. As at 31 August 2024:

• The median value for Houses in Bakewell is $491,171 while the median value for Units is $267,615.
• Houses have a median rent of $550 while Units have a median rent of $450.