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Property investors have seen a -5.68% 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 $373,500
Profits averaged -11.1% 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 $462.5 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 6.44%.
An average of 5.08 real estate transactions take place per month in KARAMA which translates to 61 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $373,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -5.68% | N/A |
| Median 12 month | -21.12% | N/A |
| Median 3 years | -33.3% | N/A |
| Median 5 years | -29.53% | N/A |
| 10 years average annual | 0.5% | N/A |
| Weekly media advert. rent | $462.5 | N/A |
| Time on Market | 95.2 days | N/A |
| Gross Rental Yield Percent | 6.44% | N/A |
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