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AREA REPORTS

Karama

Suburb Profile

Karama - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,812

house
unit

Property investors have seen a -1.3% 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 $380,000

Profits averaged -7.04% 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 $420 based on current median home prices for the suburb.

The gross rental yield in KARAMA, 812 is 5.75%.

An average of 3.58 real estate transactions take place per month in KARAMA which translates to 43 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $380,000 $200,000
GROWTH REPORT
Median Quarterly -1.3% N/A
Median 12 month 1.33% N/A
Median 3 years -21.12% N/A
Median 5 years -32.14% -48.05%
10 years average annual -0.52% 2.76%
Weekly media advert. rent $420 $315
Time on Market 99.6 days 0.0 days
Gross Rental Yield Percent 5.75% 8.19%
demographics (median values)
Total Population
4778
Weekly Household Income
1192
Household Size
3.00
demographics
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