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Rapid Creek

Suburb Profile

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

house
unit
RAPID CREEK ranks 19th 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% for the past year is higher than average compared to its -4.55% growth within a five-year period.

Also in RAPID CREEK, the median home price is sitting at $630,000, and the average rent at $520, this suggests property owners could potentially earn a 4.29% increase in gross rental yield.

Property investors have seen a -1.56% 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 1.53% growth over a ten-year period. It ranks 3249th 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 $630,000 $341,000
GROWTH REPORT
Median Quarterly -1.56% -2.57%
Median 12 month 0% 1.87%
Median 3 years -5.26% 20.71%
Median 5 years -4.55% -28.21%
10 years average annual 1.53% 1.97%
Weekly media advert. rent $520 $330
Time on Market 71.0 days 81.3 days
Gross Rental Yield Percent 4.29% 5.03%
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
demographics
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