The landlord’s guide to tenancy databases
What are tenancy databases and why should you use them as a landlord? ...
A survey of average capital gains or median home price increase in suburbs across the country shows that the NT suburb obtained a -0.26% decrease over a ten-year period. It ranks 4225th on our list of suburbs that property investors should look into.
NIGHTCLIFF, 810 has a capital gain of -3.25% for the past year, which is higher than average compared to its -29.59% growth within a five-year period.
With the median home price in NIGHTCLIFF sitting at $595,000, and the average rent at $525, property owners could potentially earn a 4.59% increase in gross rental yield.
A -3.25% increase in median property prices in NIGHTCLIFF, 810 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 32nd.
Figures from the previous quarter show that capital gains for real estate buyers in NIGHTCLIFF are high, as opposed to average gains per annum over the past five years.
NIGHTCLIFF, 810 in NT belongs to the local government area of Darwin (C).
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $595,000 | $210,000 |
| GROWTH REPORT | ||
| Median Quarterly | -2.46% | 0.72% |
| Median 12 month | -3.25% | -37.31% |
| Median 3 years | -19.59% | -51.45% |
| Median 5 years | -29.59% | -53.59% |
| 10 years average annual | -0.26% | -2.3% |
| Weekly media advert. rent | $525 | $330 |
| Time on Market | 0.0 days | 110.8 days |
| Gross Rental Yield Percent | 4.59% | 8.17% |
What are tenancy databases and why should you use them as a landlord? ...
Regional areas in Queensland have been seeing strong demand for lifestyle homes as the market and the people adjust to the “new normal”....
For the first time in a decade, first home buyers dominate Australia’s property market, recording a 10-year high in the last quarter. ...
With overall auction volumes down, Perth and Sydney stand as the only capital cities set to see a rise in activity over the week, according ...
As Australia continues to recover from COVID-19, all capital cities are expected to record dwelling price rises in 2021, with Perth leading ...
Canberra is now Australia’s second most expensive property market, overtaking Melbourne. ...
Get notifications in real-time for staying up to date with content that matters to you.
