Suburb Profile
Tennant Creek - FREE SUBURB PROFILE REPORT POSTAL CODE: NT,860
Property investors have seen a -2.22% 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 $220,000
Profits averaged -7.14% 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 10.4%.
An average of 2.08 real estate transactions take place per month in TENNANT CREEK which translates to 25 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $220,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.22% | N/A |
| Median 12 month | -8.9% | N/A |
| Median 3 years | -21.43% | N/A |
| Median 5 years | -11.11% | N/A |
| 10 years average annual | 9.18% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 10.4% | N/A |
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