With the median price for a house in Coconut Grove being $657000 and the advertised rent reaching $590 the gross rental yield for property investors calculates out to be 4.67%
Coconut Grove is in the TOP 30% in NT when comparing median price capital growth over the last year. Coconut Grove gave property investors a good capital gain figure when compared to the rest of the state, with 4.55%.
Over the longer term, Coconut Grove has seen property prices show investors a 4.55% return over the last 3 years. This is the same as over the last 12 months
Coconut Grove, 0810 is offering NT ‘s 12th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NT.
Situated 7.56km from the CBD, Coconut Grove is one of Darwin localities in the postcode 0810.