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KaramaKarama - SUBURB PROFILE REPORT
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Property investors have seen a 0.24% gain in KARAMA based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on KARAMA, 812 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 11.84%.
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 $425,000
Profits averaged 3.7% 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 $522.5 based on current median home prices for the suburb.
The gross rental yield in KARAMA, 812 is 6.39%.
An average of 4.58 real estate transactions take place per month in KARAMA which translates to 55 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $425,000 | $232,750 |
| GROWTH REPORT | ||
| Median Quarterly | 0.24% | 0.11% |
| Median 12 month | 11.84% | N/A |
| Median 3 years | 11.11% | N/A |
| Median 5 years | -14.14% | N/A |
| 10 years average annual | -0.85% | 2.45% |
| Weekly media advert. rent | $522.5 | $370 |
| Time on Market | 55.8 days | 0.0 days |
| Gross Rental Yield Percent | 6.39% | 8.27% |
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