Coconut Grove, 0810 ranked 45th in NT when comparing growth in median property values or capital gain over the last 12 months. Coconut Grove is one of 124 in our list for NT
Advertised rents are around the $550 mark per week – giving a return of 4.33% based on the median price in Suburb
With a capital gain of 6.47% for the last 12 months, Coconut Grove, 0810 has performed for property investments than its average annual 8.33% property growth over the last 5 years.
While Coconut Grove,0810 ranked number 9th in NT for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.
Property buyers and investors in Coconut Grove 0810 should be seeing an average reduction in asking price of around -8.11% . This means that Coconut Grove is holding prices well when compared to other suburbs in NT.
In the last year 45 properties changed hands in Coconut Grove, which puts it as the 5th most active market in NT when comparing the number of sales per suburb.
Coconut Grove is 24th on a list of best yielding suburbs for rents in NT with a 4.71% return