Coconut Grove, 0810 ranked 43th 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
Across a shorter period, Coconut Grove, 0810 has seen a median price increase of -16.27% over the last quarter.
NT has seen average median house prices change by -5.59% which means that Coconut Grove, 0810 has not done well for property investors by showing a capital gain of 10.67% over the last year
If we look at median property appreciation over just the last three months, Coconut Grove has given property investors a paper return of 2.71%. This puts Suburb as 6 on a list of fastest fasting appreciating suburbs in NT
Our latest figures would indicate that property sellers in Coconut Grove are currently offering property investors an average price cut of -8.02% below the asking price at the moment.
Using the current median advertised rental of $405 and the average annual increase in value of a median property of 8.06%, investors should hope to achieve an overall return of 4.63%