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Howard Springs
AREA REPORTS

Howard Springs

Howard Springs - SUBURB PROFILE REPORT
POSTAL CODE: NT, 835

house
HOWARD SPRINGS ranks 2nd in NT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 10.74% for the past year is higher than average compared to its -3.6% growth within a five-year period.

Also in HOWARD SPRINGS, the median home price is sitting at $670,000, and the average rent at $480, this suggests property owners could potentially earn a 3.73% increase in gross rental yield.

Property investors have seen a -4.29% drop in HOWARD SPRINGS based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on HOWARD SPRINGS, 835 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 10.74%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 2.04% growth over a ten-year period. It ranks 2579th on our list of suburbs that property investors should look into.

Data report can be found below

Howard Springs
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $670,000 N/A
GROWTH REPORT
Median Quarterly -4.29% N/A
Median 12 month 10.74% N/A
Median 3 years 8.94% N/A
Median 5 years -3.6% N/A
10 years average annual 2.04% N/A
Weekly media advert. rent $480 N/A
Time on Market 115.2 days N/A
Gross Rental Yield Percent 3.73% N/A
demographics (median values)*
Total Population
5132
Weekly Household Income
2253
Household Size
2.80
Age
41
Monthly Loan Repayment
2500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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