AREA REPORTS

Larapinta

Suburb Profile

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

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unit

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 5.13% growth over a ten-year period. It ranks 1537th 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 2.47% for the past year, which is higher than average compared to its 7.24% growth within a five-year period.

With the median home price in LARAPINTA sitting at $415,000, and the average rent at $500, property owners could potentially earn a 6.27% increase in gross rental yield.

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

A 2.47% 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 14th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $415,000 $303,000
GROWTH REPORT
Median Quarterly -6.74% -4.11%
Median 12 month 2.47% 16.54%
Median 3 years 6.41% -12.17%
Median 5 years 7.24% -3.81%
10 years average annual 5.13% 8.86%
Weekly media advert. rent $500 $387.5
Time on Market 101.0 days 0.0 days
Gross Rental Yield Percent 6.27% 6.65%
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