the NT suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $700,000
Profits averaged -3.51% per annum over a 3-year period, due to an downward trend in home prices in MUIRHEAD, 810.
This means, real estate investors could earn a rental income of $690 based on current median home prices for the suburb.
The gross rental yield in MUIRHEAD, 810 is 5.13%.
An average of 1.83 real estate transactions take place per month in MUIRHEAD which translates to 22 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.1%||N/A|
|Median 3 years||-10.54%||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||-2.1%||N/A|
|Weekly media advert. rent||$690||N/A|
|Time on Market||141.2 days||N/A|
|Gross Rental Yield Percent||5.13%||N/A|