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The suburb’s capital gain of 43.62% for the past year is higher than average compared to its -2.53% growth within a five-year period.
Also in RAPID CREEK, the median home price is sitting at $675,000, and the average rent at $550, this suggests property owners could potentially earn a 4.24% increase in gross rental yield.
Property investors have seen a 1.12% gain in RAPID CREEK based on an increase in median home prices for the past three months.
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 43.62%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.93% growth over a ten-year period. It ranks 3801st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||43.62%||5.1%|
|Median 3 years||3.85%||5.92%|
|Median 5 years||-2.53%||19.93%|
|10 years average annual||1.93%||1.08%|
|Weekly media advert. rent||$550||$360|
|Time on Market||0.0 days||79.3 days|
|Gross Rental Yield Percent||4.24%||5.51%|