Based on its average 5-year and quarterly capital gains COCONUT GROVE, 810 saw average decrease in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that COCONUT GROVE, 810 obtained a 3.98% growth over a ten-year period. It ranks 1914th on our list of suburbs that property investors should look into.
COCONUT GROVE, 810 in NT belongs to the local government area of Darwin.
COCONUT GROVE, 810 has a capital gain of -15.76% for the past year, which is lower than average compared to its -13.6% growth within a five-year period.
With the median home price in COCONUT GROVE sitting at $540,000, and the average rent at $600, property owners could potentially earn a 5.78% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in COCONUT GROVE are low, as opposed to average gains per annum over the past five years.
A -15.76% increase in median property prices in COCONUT GROVE, 810 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 42nd.
COCONUT GROVE, 810 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $295,000.
Profits due to an downward trend in home prices in COCONUT GROVE, 810 averaged -9.64% per annum over a 3-year period.
Home owners selling their properties and realtors in COCONUT GROVE usually have to wait an average of 99.8 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $360 mark, reflecting a 6.35% increase in returns based on the current median price in COCONUT GROVE.
COCONUT GROVE, 810 places 19th in Australia based on median property value growth during the quarter.