Property investors have seen a -1.22% drop in MUIRHEAD based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains MUIRHEAD, 810 saw average growth in the long term.
The NT 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 $649,500
This means, real estate investors could earn a rental income of $670 based on current median home prices for the suburb.
The gross rental yield in MUIRHEAD, 810 is 5.36%.
An average of 2.25 real estate transactions take place per month in MUIRHEAD which translates to 27 per annum.
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