Mount Zeil, NORTHERN-TERRITORY Real Estate & Suburb Profile

About Mount Zeil Real Estate

Mount Zeil is a locality in the Northern Territory of Australia located about 1,248 kilometres (775 mi) south of the territory capital of Darwin.
The locality consists of the following land:

The Derwent pastoral lease in the north-west
The Narwietooma pastoral lease in the north-east
The Glen Helen pastoral lease in the south-west, and
The north-west part of the West MacDonnell National Park in the south-east.
The locality’s boundaries and name were gazetted on 4 April 2007. It is named after the mountain of the same name which is located within its boundaries. As of 2020, it has an area of 6,692 square kilometres (2,584 sq mi).
The 2016 Australian census which was conducted in August 2016 reports that Mount Zeil had 83 people living within its boundaries.
Mount Zeil is located within the federal division of Lingiari, the territory electoral division of Stuart and the local government area of the MacDonnell Region.

Property Investment Potential

When analyzing the local real estate landscape, Mount Zeil presents a dynamic opportunity. With median property prices sitting around $2,495,000 and delivering an average rental yield of 1.5%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 15 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.