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Rapid Creek

Suburb Profile

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

house
unit
RAPID CREEK ranks 27th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -13.81% for the past year is lower than average compared to its -16.46% growth within a five-year period.

Also in RAPID CREEK, the median home price is sitting at $543,000, and the average rent at $500, this suggests property owners could potentially earn a 4.79% increase in gross rental yield.

Property investors have seen a 15.53% 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 -0.18% decrease over a ten-year period. It ranks 4347th 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 $543,000 $295,000
GROWTH REPORT
Median Quarterly 15.53% -4.84%
Median 12 month -13.81% -14.49%
Median 3 years -24.32% -25.88%
Median 5 years -16.46% -29.34%
10 years average annual -0.18% -0.49%
Weekly media advert. rent $500 $350
Time on Market 0.0 days 120.7 days
Gross Rental Yield Percent 4.79% 6.17%
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
demographics
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