Situated 7.23km from the CBD, Coconut Grove is one of Darwin localities in the postcode 0810.
Over the last year, property investments in Coconut Grove, 0810 have given investors a capital gain of 3.84%. This compares very favourably with the -0.95% for NT as a whole.
Coconut Grove,0810 has offered an average of 3.84% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Coconut Grove 0810 should be seeing an average reduction in asking price of around -5.05% . This means that Coconut Grove is holding prices well when compared to other suburbs in NT.
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 6.29%.