Demand For Homes Stays High In 1 State While The Rest Fall Back
Rising interest rates have eased demand from potential buyers, which has been reflected in the slowing of home price gro...
Based on its average 5-year and quarterly capital gains BAYVIEW, 820 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that the NT suburb obtained a 4.62% growth over a ten-year period. It ranks 870th on our list of suburbs that property investors should look into.
BAYVIEW, 820 in NT belongs to the local government area of Darwin (C).
With the median home price in BAYVIEW sitting at $580,000, and the average rent at $590, property owners could potentially earn a 5.29% increase in gross rental yield.
A 41.46% increase in median property prices in BAYVIEW, 820 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 3rd.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||N/A||41.46%|
|Median 3 years||N/A||51.24%|
|Median 5 years||N/A||N/A|
|10 years average annual||N/A||4.62%|
|Weekly media advert. rent||N/A||$590|
|Time on Market||N/A||91.1 days|
|Gross Rental Yield Percent||N/A||5.29%|