If we look at median property appreciation over just the last three months, Coconut Grove has given property investors a paper return of -11.57%. This puts Suburb as 46 on a list of fastest fasting appreciating suburbs in NT
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Coconut Grove has had a A very good year for property investment returns compared to the rest of NT, giving investors a capital gain of 4.19% to date .
A 13.30% growth in median value for property investors in Coconut Grove,0810 puts this suburb at number 10th in terms of best performing suburbs in NT
Vendor discounting in Coconut Grove is giving property investors an average Vendor Discount of around -5.76%. This puts suburb at number 14th in NT when ranking the most discounted suburbs.
On average over the past year, suburb has had 7.17 sales per month, which equates to 86 per year.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.41%, without taking into account capital value appreciation, which has been averaging out at 6.30%.