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Gunn
AREA REPORTS

Gunn

Gunn - SUBURB PROFILE REPORT
POSTAL CODE: NT, 832

house

Property investors enjoyed capital gains of 8.59% 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 -1.1% decrease over a ten-year period. It ranks 4496th on our list of suburbs that property investors should look into.

GUNN, 832 has a capital gain of 8.59% for the past year, which is higher than average compared to its -11.79% growth within a five-year period.

With the median home price in GUNN sitting at $467,500, and the average rent at $500, property owners could potentially earn a 5.56% increase in gross rental yield.

A 8.59% increase in median property prices in GUNN, 832 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 35th.

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 (C).

Data report can be found below

Gunn
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $467,500 N/A
GROWTH REPORT
Median Quarterly 7.47% N/A
Median 12 month 8.59% N/A
Median 3 years 1.63% N/A
Median 5 years -11.79% N/A
10 years average annual -1.1% N/A
Weekly media advert. rent $500 N/A
Time on Market 53.2 days N/A
Gross Rental Yield Percent 5.56% N/A
demographics (median values)*
Total Population
15570
Weekly Household Income
2356
Household Size
2.90
Age
28
Monthly Loan Repayment
2474
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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