NT/
Driver

Suburb Profile

Driver - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,830

house
DRIVER ranks 39th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -11.84% for the past year is lower than average compared to its -2.15% growth within a five-year period.

Also in DRIVER, the median home price is sitting at $432,000, and the average rent at $450, this suggests property owners could potentially earn a 5.42% increase in gross rental yield.

Property investors have seen a -1.82% drop in DRIVER based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.36% growth over a ten-year period. It ranks 2446th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $432,000 N/A
GROWTH REPORT
Median Quarterly -1.82% N/A
Median 12 month -11.84% N/A
Median 3 years -13.6% N/A
Median 5 years -2.15% N/A
10 years average annual 3.36% N/A
Weekly media advert. rent $450 N/A
Time on Market 137.5 days N/A
Gross Rental Yield Percent 5.42% N/A
demographics (median values)
Total Population
2717
Weekly Household Income
1211
Household Size
2.80
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