NT/
Tennant creek

Suburb Profile

Tennant Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,860

house

Property investors have seen a -2.69% drop in TENNANT CREEK based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains TENNANT CREEK, 860 saw average decrease 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 $235,000

Profits averaged -3.94% per annum over a 3-year period, due to an downward trend in home prices in TENNANT CREEK, 860.

This means, real estate investors could earn a rental income of $420 based on current median home prices for the suburb.

The gross rental yield in TENNANT CREEK, 860 is 9.29%.

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

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $235,000 N/A
GROWTH REPORT
Median Quarterly -2.69% N/A
Median 12 month -7.53% N/A
Median 3 years -11.82% N/A
Median 5 years -6% N/A
10 years average annual 10.44% N/A
Weekly media advert. rent $420 N/A
Time on Market 189.9 days N/A
Gross Rental Yield Percent 9.29% N/A
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