JINGILI, 810 ranks 847th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 13.09% for property investors.
The suburb also 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 $540,000.
The downward trend in home prices in JINGILI, 810 averaged -2.3% per annum over a 3-year period.
Average weekly rents on listings have reached the $530 mark, reflecting a 5.1% increase in returns based on the current median price in JINGILI.
An average of 1.67 real estate transactions take place per month in JINGILI which translates to 20 per annum.
20 properties were sold in JINGILI in 2016, making it the 32nd most active market in NT based on total real estate transactions.
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