NT/
Larapinta

Suburb Profile

Larapinta - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,870

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Based on its average 5-year and quarterly capital gains LARAPINTA, 870 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that LARAPINTA, 870 obtained a 6.46% growth over a ten-year period. It ranks 1131st on our list of suburbs that property investors should look into.

LARAPINTA, 870 in NT belongs to the local government area of Alice Springs.

LARAPINTA, 870 has a capital gain of 20.27% for the past year, which is higher than average compared to its 12.66% growth within a five-year period.

With the median home price in LARAPINTA sitting at $445,000, and the average rent at $500, property owners could potentially earn a 5.84% increase in gross rental yield.

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

A 20.27% increase in median property prices in LARAPINTA, 870 has allowed this suburb to join the ranks of best performing suburbs in NT, settling at number 1st.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 $316,000
GROWTH REPORT
Median Quarterly 4.71% 6.06%
Median 12 month 20.27% N/A
Median 3 years 12.8% -9.71%
Median 5 years 12.66% 5.69%
10 years average annual 6.46% N/A
Weekly media advert. rent $500 $400
Time on Market 101.5 days 0.0 days
Gross Rental Yield Percent 5.84% 6.58%
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Larapinta, NT
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