Suburb Profile
Tennant Creek - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,860
Property investors have seen a -1.36% 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 $217,000
Profits averaged -7.31% 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 10.54%.
An average of 1.83 real estate transactions take place per month in TENNANT CREEK which translates to 22 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $217,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -1.36% | N/A |
| Median 12 month | -9.58% | N/A |
| Median 3 years | -21.94% | N/A |
| Median 5 years | -9.58% | N/A |
| 10 years average annual | 9.54% | N/A |
| Weekly media advert. rent | $440 | N/A |
| Time on Market | 0.0 days | N/A |
| Gross Rental Yield Percent | 10.54% | N/A |
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Mould is almost always the tenants...
How ignorant, think about your response....
How about the most important question...