Property investors have seen a -2.74% 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 $452,500
Profits averaged -5.95% 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 $470 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 5.4%.
An average of 4.42 real estate transactions take place per month in KARAMA which translates to 53 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-8.59%||N/A|
|Median 3 years||-17.84%||N/A|
|Median 5 years||-7.63%||N/A|
|10 years average annual||2.91%||N/A|
|Weekly media advert. rent||$470||N/A|
|Time on Market||111.3 days||N/A|
|Gross Rental Yield Percent||5.4%||N/A|