NT/
The gap

Suburb Profile

The Gap - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,870

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unit

Figures from the previous quarter show that capital gains for real estate buyers in THE GAP are low, 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 $460 based on current median home prices for the suburb.

On average, rents on listings have reached the $460 mark, reflecting a 6.55% increase in returns based on the current median price in THE GAP.

While it ranks 6th on the list of best yielding suburbs for rental properties in NT, posting a 6.55% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $365,000 $255,000
GROWTH REPORT
Median Quarterly -8.75% 0%
Median 12 month N/A 6.69%
Median 3 years -12.89% -30.14%
Median 5 years -8.41% -24.94%
10 years average annual N/A 5.17%
Weekly media advert. rent $460 $365
Time on Market 0.0 days 86.9 days
Gross Rental Yield Percent 6.55% 7.44%
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