Coconut Grove Suburb Profile

Northern Territory 0810

Coconut Grove has 1,873 properties. Over the last 5 years, Houses in Coconut Grove have seen a 20.20% increase in median value, while Units have seen a 17.52% increase. As at 30 June 2024:

• The median value for Houses in Coconut Grove is $582,520 while the median value for Units is $328,682.
• Houses have a median rent of $755 while Units have a median rent of $500.

The size of Coconut Grove is approximately 1.7 square kilometres. It has 8 parks covering nearly 22.6% of total area. The population of Coconut Grove in 2011 was 2,849 people. By 2016 the population was 3,064 showing a population growth of 7.5% in the area during that time. The predominant age group in Coconut Grove is 30-39 years. Households in Coconut Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Coconut Grove work in a professional occupation. In 2011, 37.4% of the homes in Coconut Grove were owner-occupied compared with 37.4% in 2016.