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Property investors have seen a 0% gain in TENNANT CREEK based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains TENNANT CREEK, 860 saw average growth 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 $200,000
Profits averaged -3.37% 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 $415 based on current median home prices for the suburb.
The gross rental yield in TENNANT CREEK, 860 is 10.79%.
An average of 1.58 real estate transactions take place per month in TENNANT CREEK which translates to 19 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $200,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0% | N/A |
| Median 12 month | -13.04% | N/A |
| Median 3 years | -10.11% | N/A |
| Median 5 years | -23.34% | N/A |
| 10 years average annual | 3.94% | N/A |
| Weekly media advert. rent | $415 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 10.79% | N/A |
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