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Driver

Suburb Profile

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

house
DRIVER ranks 22nd in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -15.34% for the past year is lower than average compared to its -33.97% growth within a five-year period.

Also in DRIVER, the median home price is sitting at $345,000, and the average rent at $400, this suggests property owners could potentially earn a 6.03% increase in gross rental yield.

Property investors have seen a -1.43% 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 -1.94% decrease over a ten-year period. It ranks 3956th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $345,000 N/A
GROWTH REPORT
Median Quarterly -1.43% N/A
Median 12 month -15.34% N/A
Median 3 years -23.33% N/A
Median 5 years -33.97% N/A
10 years average annual -1.94% N/A
Weekly media advert. rent $400 N/A
Time on Market 88.1 days N/A
Gross Rental Yield Percent 6.03% N/A
demographics (median values)
Total Population
2717
Weekly Household Income
1211
Household Size
2.80
demographics
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