Property investors have seen a -6.01% 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 $465,250
Profits averaged -5.21% 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 $480 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 5.36%.
An average of 3.33 real estate transactions take place per month in KARAMA which translates to 40 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.95%||-21.53%|
|Median 3 years||-15.64%||-28.48%|
|Median 5 years||-2.57%||-16.42%|
|10 years average annual||3.64%||2.93%|
|Weekly media advert. rent||$480||$350|
|Time on Market||100.2 days||0.0 days|
|Gross Rental Yield Percent||5.36%||6.44%|