Big opportunities for property investors in 2019, expert tips
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This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
On average, rents on listings have reached the $480 mark, reflecting a 6.01% increase in returns based on the current median price in THE GAP.
While it ranks 13th on the list of best yielding suburbs for rental properties in NT, posting a 6.01% return.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $415,000 | $290,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | 1.13% |
| Median 12 month | N/A | 13.73% |
| Median 3 years | 15.92% | -15.45% |
| Median 5 years | -4.6% | -2.36% |
| 10 years average annual | N/A | 4.44% |
| Weekly media advert. rent | $480 | $380 |
| Time on Market | 114.7 days | 92.2 days |
| Gross Rental Yield Percent | 6.01% | 6.81% |
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