Property investors have seen a -1.19% drop in KARAMA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains KARAMA, 812 saw average decrease in the long term.
The NT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $373,000
Profits averaged -6.3% per annum over a 3-year period, due to an downward trend in home prices in KARAMA, 812.
This means, real estate investors could earn a rental income of $390 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 5.44%.
An average of 3.83 real estate transactions take place per month in KARAMA which translates to 46 per annum.