Investors not ‘playing’ the game could miss out big
While timing in the market is not as important as time in the market, it can still mean the difference between getting and missing out on a ...
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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