Property investment tip: Should investors spend extra on professional fees?
With the property market changing as a result of price declines and regulatory interventions, investors are advised, now more than ever, to ...
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Property investors have seen a 3.33% 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 $155,000
Profits averaged -13.21% 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 $400 based on current median home prices for the suburb.
The gross rental yield in TENNANT CREEK, 860 is 0%.
An average of 1.92 real estate transactions take place per month in TENNANT CREEK which translates to 23 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $155,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.33% | N/A |
| Median 12 month | -29.55% | N/A |
| Median 3 years | -39.64% | N/A |
| Median 5 years | -38% | N/A |
| 10 years average annual | 3.11% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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