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Gunn

POSTAL CODE: NT, 832
HOUSE

Property investors enjoyed capital gains of 17.65% over the last 12 months in GUNN, translating to lower returns compared with its peers in NT.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NT suburb obtained a 1.51% growth over a ten-year period. It ranks 4484th on our list of suburbs that property investors should look into.

GUNN, 832 has a capital gain of 17.65% for the past year, which is higher than average compared to its 42.52% growth within a five-year period.

With the median home price in GUNN sitting at $600,000, and the average rent at $680, property owners could potentially earn a 5.89% increase in gross rental yield.

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

GUNN, 832 in NT belongs to the local government area of Palmerston.

Surburb overview

"Gunn is a family-friendly and growing suburb located in the City of Palmerston, Northern Territory, offering a comfortable suburban lifestyle with access to essential amenities and a strong sense of community.

Gunn is conveniently situated approximately 22 kilometres southeast of Darwin’s central business district (CBD). While it provides a peaceful suburban atmosphere, it remains within a reasonable commuting distance to the heart of the city.

With a population of around 2,500 residents and growing, Gunn is a diverse and dynamic community. The suburb attracts a mix of families, professionals and retirees, creating a harmonious blend of cultures and backgrounds.

Gunn benefits from efficient public transportation connectivity, with regular bus services linking it to Darwin’s CBD and neighbouring suburbs. This makes commuting and exploring the city convenient for residents.

The suburb is well-equipped with essential amenities. Gunn Primary School and nearby Moulden Park Primary School provide quality education options for families. The Palmerston Shopping Centre, just a short distance away, has a range of retail shops, dining options and entertainment facilities.

Gunn presents a variety of recreational opportunities. The suburb boasts multiple parks, playgrounds and green spaces, making it ideal for outdoor activities and family picnics. The nearby Palmerston Water Park is a popular destination for water play and relaxation during the hot NT summers.

Gunn offers a comfortable suburban lifestyle with easy access to essential amenities and recreational opportunities. Its diverse and growing community, educational institutions and proximity to Darwin make it an appealing choice for individuals and families seeking a peaceful yet well-connected place to call home in the territory. "

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