AREA REPORTS

Driver

NT/
Driver

Suburb Profile

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

house
unit
DRIVER ranks 28th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -8.24% for the past year is lower than average compared to its -20.87% growth within a five-year period.

Also in DRIVER, the median home price is sitting at $390,000, and the average rent at $450, this suggests property owners could potentially earn a 6% increase in gross rental yield.

Property investors have seen a -1.27% 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 0.89% growth over a ten-year period. It ranks 3559th 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 $390,000 $209,000
GROWTH REPORT
Median Quarterly -1.27% -2.79%
Median 12 month -8.24% N/A
Median 3 years -23.15% -42.74%
Median 5 years -20.87% -43.51%
10 years average annual 0.89% N/A
Weekly media advert. rent $450 $310
Time on Market 126.1 days 0.0 days
Gross Rental Yield Percent 6% 7.71%
demographics (median values)
Total Population
2717
Weekly Household Income
1211
Household Size
2.80
demographics
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