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ABS 2021 Census · Updated 21 May 2026
Wagait Beach is an inner-city suburb of Darwin, Australia, with a population of approximately 422, making it a boutique locality. Located approximately 11 km from the Darwin CBD, Wagait Beach is a inner city area in Northern Territory. The median household income is $70,460 per year.
Household earnings in Wagait Beach are below the state average, which may affect long-term capital growth. Close CBD access strengthens tenant appeal and resale value.
Official Australia Post postcode for Wagait Beach. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 1 school within or near this suburb.
Find schools near Wagait Beach on My School →Estimated 1 park and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
Wagait Beach is a smaller community of 422 — about 14% of the Northern Territory suburb median (3,057) — so investors should factor in the narrower buyer pool and longer average time-on-market. Wagait Beach's median household income of $70,460/year is 38% below the Northern Territory suburb median ($113,308) — this is an affordability play where returns lean on yield and patient capital growth rather than demographic premium. Median rent of $250/week (~$1,083/month) covers only 68% of the median mortgage of $1,597/month — the remaining $514/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. 11 km from Darwin places Wagait Beach in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
How Wagait Beach stacks up against the median of all Northern Territory suburbs in our dataset. Positive values mean Wagait Beach sits above the state median; negative means below.
| Metric | Wagait Beach | NT median | Δ vs state |
|---|---|---|---|
| Population | 422 | 3,057 | -86% |
| Median household income | $70,460/yr | $113,308/yr | -38% |
| Median rent (weekly) | $250 | $360 | -31% |
| Median mortgage (monthly) | $1,597 | $1,950 | -18% |
| Distance to CBD | 11 km | 15 km | -27% |
| Separate houses | 65% | 68% | -3pp |
Pre-inspection briefing for Wagait Beach — every item is derived from public datasets, with full citations in our data sources page.
Limited buy-and-hold upside: a small population of 422 means liquidity is thin and capital growth tends to lag the wider Northern Territory market over full cycles.
Moderate rental coverage: rent of $250/week covers 68% of a $1,597/month mortgage, leaving a $514/month gap that an investor bridges with equity, depreciation and tax benefits.
With 65% houses in a 422-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Wagait Beach property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Capital-growth expectations for Wagait Beach are modest for 2026 — incomes 38% below the NT median of $113,308 and a population of 422 suggest gains will lag headline metro markets. Rental coverage runs at ~68% of the typical mortgage ($1,083/month rent vs $1,597/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 53/100 places Wagait Beach in the mid tier of Australian suburbs we profile, and overall investor sentiment is balanced heading into the second half of 2026.
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Wagait Beach scores 53/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 422, median household income of $70,460/year and median weekly rent of $250. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.
The main demand drivers in Wagait Beach are proximity to Darwin (11 km), a median household income of $70,460/year, a dwelling mix that is 65% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.
Wagait Beach has a usual resident population of approximately 422, compared with a Northern Territory suburb median of 3,057 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.
Wagait Beach sits 11 km straight-line from the Darwin CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $250 in Wagait Beach, equating to approximately $13,000/year in gross rental income (state median $360/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.
The median monthly mortgage repayment in Wagait Beach is $1,597, or approximately $19,164/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.
A median weekly rent of $250 works out to $1,083/month, covering 68% of the median mortgage repayment of $1,597/month. That leaves a $514/month shortfall (around $6,168/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are a thin buyer pool (422 residents), interest-rate sensitivity on the $1,597 median mortgage, below-median household incomes ($70,460 vs $113,308 state median), the broader Northern Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.
Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.