With a capital gain of 1.14% for the last 12 months, Rapid Creek, 0810 has performed for property investments than its average annual 4.01% property growth over the last 5 years.
Our latest figures would indicate that property sellers in Rapid Creek are currently offering property investors an average price cut of -7.03% below the asking price at the moment.
Residents and property investors in Rapid Creek have been waiting around 78.28 days to sell a property.
The NT suburb of Rapid Creek, 0810 is in the Darwin local government area.
At number 1703th in the list of Australian suburbs ordered by increase in median house value over the last year, Rapid Creek, 0810 is in the BOTTOM 10% with a property value increase of -21.95% recorded in median house prices.
Across a shorter period, Rapid Creek, 0810 has seen a median price increase of 10.37% over the last quarter.
Property investors looking for a bargain in Rapid Creek should be aiming for at least -9.63% off the asking price, which is the average vendor discount being achieved at the moment.
Rapid Creek, 0810’s gross rental yield is 5.58%