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6 MIN READThe Boom Is Not Over Yet: 10 Regions Positioned For Further Growth
While housing values in Sydney and Melbourne are declining, an expert has highlighted that there are markets across the ...
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Coconut GroveCoconut Grove - SUBURB PROFILE REPORT
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Based on its average 5-year and quarterly capital gains COCONUT GROVE, 810 saw average growth 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 -2.85% decrease over a ten-year period. It ranks 4623rd on our list of suburbs that property investors should look into.
COCONUT GROVE, 810 in NT belongs to the local government area of Darwin (C).
With the median home price in COCONUT GROVE sitting at $705,000, and the average rent at $630, property owners could potentially earn a 4.65% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in COCONUT GROVE are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $705,000 | $330,000 |
| GROWTH REPORT | ||
| Median Quarterly | 8.29% | 4.76% |
| Median 12 month | N/A | 21.1% |
| Median 3 years | 33.02% | 3.13% |
| Median 5 years | 12.44% | -28.26% |
| 10 years average annual | -2.85% | -0.15% |
| Weekly media advert. rent | $630 | $420 |
| Time on Market | 56.3 days | 60.6 days |
| Gross Rental Yield Percent | 4.65% | 6.62% |
Copyright © 2021 Smart Property Investment
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