Hotham, NORTHERN-TERRITORY Real Estate & Suburb Profile
Comprehensive property market insights and live data for Hotham.
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Property Market Snapshot & Data for Hotham
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About Hotham Real Estate
Hotham is a locality in the Northern Territory of Australia located about 62 kilometres (39 mi) east of the territorial capital of Darwin.
The locality consists of land bounded to the west by the Adelaide River and to the north by the coastline of Van Diemen Gulf which includes the headland, Cape Hotham. The locality was named after Cape Hotham which itself was named by Phillip Parker King in 1818 after the Royal Navy officer, Rear Admiral Sir Henry Hotham. Its boundaries and name were gazetted on 4 April 2007.
The locality includes part of the Djukbinj National Park.
Hotham includes the site of the first attempt by the Government of South Australia to create a settlement in the Northern Territory in 1864, which was listed on the Northern Territory Heritage Register on 12 January 2000 under the name of Escape Cliffs.
The 2016 Australian census which was conducted in August 2016 reports that Hotham had no people living within its boundaries.
Hotham is located within the federal division of Lingiari, the territory electoral division of Goyder and within the unincorporated areas of the Northern Territory.
Property Investment Potential
When analyzing the local real estate landscape, Hotham presents a dynamic opportunity. With median property prices sitting around $1,036,000 and delivering an average rental yield of 6.9%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 46 days on the market, underscoring the consistent demand in this part of Northern Territory. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Hotham
Frequently Asked Questions about Hotham Real Estate
What is the median house price in Hotham?
The median house price in Hotham, Northern Territory is currently estimated at $1,036,000.
Is Hotham a good place to invest?
With a capital growth of 5.7% over the last 12 months and an average rental yield of 6.9%, Hotham presents a solid opportunity for property investors.
What is the postcode for Hotham?
The postcode for Hotham in Northern Territory is 0822.