NT/
Bakewell

Suburb Profile

Bakewell - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,832

house
unit

Property investors have seen a -2.04% drop in BAKEWELL based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains BAKEWELL, 832 saw average growth in the long term.

The NT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $480,000

Profits averaged -2.71% per annum over a 3-year period, due to an downward trend in home prices in BAKEWELL, 832.

This means, real estate investors could earn a rental income of $460 based on current median home prices for the suburb.

The gross rental yield in BAKEWELL, 832 is 4.98%.

An average of 2.17 real estate transactions take place per month in BAKEWELL which translates to 26 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $480,000 $287,000
GROWTH REPORT
Median Quarterly -2.04% -1.37%
Median 12 month 1.05% -4.33%
Median 3 years -8.13% -27.71%
Median 5 years 0% -18%
10 years average annual 3.58% 2.25%
Weekly media advert. rent $460 $350
Time on Market 110.2 days 186.0 days
Gross Rental Yield Percent 4.98% 6.34%
demographics (median values)
Total Population
2991
Weekly Household Income
1254
Household Size
2.60
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