AREA REPORTS

Larrakeyah

Suburb Profile

Larrakeyah - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,820

unit

Based on its average 5-year and quarterly capital gains LARRAKEYAH, 820 saw average decrease 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 2.92% growth over a ten-year period. It ranks 998th on our list of suburbs that property investors should look into.

LARRAKEYAH, 820 in NT belongs to the local government area of Darwin.

LARRAKEYAH, 820 has a capital gain of -6.14% for the past year, which is lower than average compared to its -9.09% growth within a five-year period.

With the median home price in LARRAKEYAH sitting at $440,000, and the average rent at $480, property owners could potentially earn a 5.67% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LARRAKEYAH are low, as opposed to average gains per annum over the past five years.

A -6.14% increase in median property prices in LARRAKEYAH, 820 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 6th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price N/A $440,000
GROWTH REPORT
Median Quarterly N/A -5.38%
Median 12 month N/A -6.14%
Median 3 years N/A -6.88%
Median 5 years N/A -9.09%
10 years average annual N/A 2.92%
Weekly media advert. rent N/A $480
Time on Market N/A 148.7 days
Gross Rental Yield Percent N/A 5.67%
demographics (median values)
Total Population
3036
Weekly Household Income
1705
Household Size
2.30
demographics
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