Powered by MOMENTUM MEDIA
Gillen
AREA REPORTS

Gillen

Gillen - SUBURB PROFILE REPORT
POSTAL CODE: NT, 870

house
unit

Property investors enjoyed capital gains of 1.71% over the last 12 months in GILLEN, translating to lower returns compared with its peers in NT.

Figures from the previous quarter show that capital gains for real estate buyers in GILLEN are high, as opposed to average gains per annum over the past five years.

This number can mean, real estate investors could earn a rental income of $535 based on current median home prices for the suburb.

On average, rents on listings have reached the $535 mark, reflecting a 6.25% increase in returns based on the current median price in GILLEN.

GILLEN, 870 ranks 45th in NT in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 9th on the list of best yielding suburbs for rental properties in NT, posting a 6.25% return.

Data report can be found below

Gillen
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 $286,500
GROWTH REPORT
Median Quarterly 2.3% -0.87%
Median 12 month 1.71% 0.88%
Median 3 years -3.37% -2.88%
Median 5 years 4.71% -19.75%
10 years average annual 0.32% -0.49%
Weekly media advert. rent $535 $395
Time on Market 95.4 days 79.5 days
Gross Rental Yield Percent 6.25% 7.17%
demographics (median values)*
Total Population
n.a.
Weekly Household Income
n.a.
Household Size
n.a.
Age
n.a.
Monthly Loan Repayment
n.a.
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.