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Karama
AREA REPORTS

Karama

Karama - SUBURB PROFILE REPORT
POSTAL CODE: NT, 812

house

Property investors have seen a 7.07% gain in KARAMA based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains KARAMA, 812 saw average growth 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 $412,500

Profits averaged 3.33% per annum over a 3-year period, due to an upward trend in home prices in KARAMA, 812.

This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.

The gross rental yield in KARAMA, 812 is 5.99%.

An average of 3 real estate transactions take place per month in KARAMA which translates to 36 per annum.

Data report can be found below

Karama
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $412,500 N/A
GROWTH REPORT
Median Quarterly 7.07% N/A
Median 12 month 10% N/A
Median 3 years 10% N/A
Median 5 years -17.5% N/A
10 years average annual -0.96% N/A
Weekly media advert. rent $475 N/A
Time on Market 55.5 days N/A
Gross Rental Yield Percent 5.99% N/A
demographics (median values)*
Total Population
18873
Weekly Household Income
2028
Household Size
2.80
Age
35
Monthly Loan Repayment
2134
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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