AREA REPORTS

Rapid Creek

NT/
Rapid creek

Suburb Profile

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

house
unit
RAPID CREEK ranks 5th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 0.74% for the past year is higher than average compared to its -2.86% growth within a five-year period.

Also in RAPID CREEK, the median home price is sitting at $680,000, and the average rent at $500, this suggests property owners could potentially earn a 3.82% increase in gross rental yield.

Property investors have seen a -2.86% drop in RAPID CREEK based on a decrease 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 3.63% growth over a ten-year period. It ranks 2072nd on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $680,000 $340,000
GROWTH REPORT
Median Quarterly -2.86% N/A
Median 12 month 0.74% -14.14%
Median 3 years 6.25% -19.67%
Median 5 years -2.86% -23.6%
10 years average annual 3.63% 2.31%
Weekly media advert. rent $500 $400
Time on Market 87.0 days 140.1 days
Gross Rental Yield Percent 3.82% 6.12%
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
demographics
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