Suburb Profile
Rapid Creek - FREE SUBURB PROFILE REPORT POSTAL CODE: NT,810
Rapid Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,810
house
unit
RAPID CREEK ranks 3rd in NT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 5.26% for the past year is higher than average compared to its 2.36% growth within a five-year period.
Also in RAPID CREEK, the median home price is sitting at $700,000, and the average rent at $550, this suggests property owners could potentially earn a 4.09% increase in gross rental yield.
Property investors have seen a 4.87% gain in RAPID CREEK based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.25% growth over a ten-year period. It ranks 1795th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $700,000 | $340,000 |
| GROWTH REPORT | ||
| Median Quarterly | 4.87% | -14.57% |
| Median 12 month | 5.26% | -9.33% |
| Median 3 years | 6.06% | -21.93% |
| Median 5 years | 2.36% | -21.21% |
| 10 years average annual | 4.25% | 1.55% |
| Weekly media advert. rent | $550 | $380 |
| Time on Market | 79.4 days | 135.7 days |
| Gross Rental Yield Percent | 4.09% | 5.81% |
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
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Capital Gains Tax (CGT) Calculator
Rapid Creek, NT
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