While Coconut Grove,0810 ranked number 3rd in NT for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.
Property investors should expect to get $580 weekly from the median priced house in this suburb.
At number 296th in the list of Australian suburbs ordered by increase in median house value over the last year, Coconut Grove, 0810 is in the top 20% with a property value increase of 12.20% recorded in median house prices.
Comparing Coconut Grove,0810 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Coconut Grove is offering property investors an average of -8.57. This rate of discount on properties puts Suburb at number 7th in terms of most discounted suburbs in NT
At number 1234 in a list of fastest selling suburbs, Coconut Grove is in the bottom 20% of suburbs in Australia with an average of days on market 109 for properties listed there.
Property investors should expect to get $400 weekly from the median priced house in this suburb.