NT/
Tennant creek

Suburb Profile

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

house

Property investors have seen a -4.26% 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 $225,000

Profits averaged -5.03% 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 $440 based on current median home prices for the suburb.

The gross rental yield in TENNANT CREEK, 860 is 10.17%.

An average of 1.67 real estate transactions take place per month in TENNANT CREEK which translates to 20 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $225,000 N/A
GROWTH REPORT
Median Quarterly -4.26% N/A
Median 12 month -11.15% N/A
Median 3 years -15.09% N/A
Median 5 years -10% N/A
10 years average annual 10.19% N/A
Weekly media advert. rent $440 N/A
Time on Market 188.0 days N/A
Gross Rental Yield Percent 10.17% N/A
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