Suburb Profile
Karama - FREE SUBURB PROFILE REPORT POSTAL CODE: NT,812
Property investors have seen a -3.88% 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 $396,000
Profits averaged -9.76% 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 6.17%.
An average of 5.58 real estate transactions take place per month in KARAMA which translates to 67 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $396,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -3.88% | N/A |
| Median 12 month | -16.37% | N/A |
| Median 3 years | -29.29% | N/A |
| Median 5 years | -23.11% | N/A |
| 10 years average annual | 0.8% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 99.5 days | N/A |
| Gross Rental Yield Percent | 6.17% | N/A |
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