NT/
Rapid creek

Suburb Profile

Rapid Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,810

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RAPID CREEK ranks 4th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 11.67% for the past year is higher than average compared to its 3.99% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in RAPID CREEK, the median home price is sitting at $717,500, and the average rent at $550, this suggests property owners could potentially earn a 3.99% increase in gross rental yield.

They believe that homeowners and real estate investors betting on RAPID CREEK, 810 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 11.67%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.62% growth over a ten-year period. It ranks 1639th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $717,500 $396,000
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 11.67% 13.14%
Median 3 years 6.3% -12.2%
Median 5 years 3.99% -6.99%
10 years average annual 4.62% 5.12%
Weekly media advert. rent $550 $380
Time on Market 69.0 days 105.7 days
Gross Rental Yield Percent 3.99% 4.99%
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
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Rapid Creek, NT
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