NT/
Rapid creek

Suburb Profile

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

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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 5.26% for the past year is higher than average compared to its 10.67% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in RAPID CREEK, the median home price is sitting at $700,000, and the average rent at $600, this suggests property owners could potentially earn a 4.46% increase in gross rental yield.

Property investors have seen a 7.69% 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 3.99% growth over a ten-year period. It ranks 2051st on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $700,000 $398,000
GROWTH REPORT
Median Quarterly 7.69% 0.51%
Median 12 month 5.26% 27.97%
Median 3 years 2.94% -19.02%
Median 5 years 10.67% 9.04%
10 years average annual 3.99% 6.15%
Weekly media advert. rent $600 $380
Time on Market 84.7 days 71.1 days
Gross Rental Yield Percent 4.46% 4.96%
demographics (median values)
Total Population
2935
Weekly Household Income
1164
Household Size
2.20
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