Rapid Creek is an average performer in NT when comparing median price capital growth over the last year. Rapid Creek gave property investors a average capital gain figure when compared to the rest of the state, with -6.74%.
Over the longer term, Rapid Creek has seen property prices show investors a -6.07% return over the last 3 years. This is worse than over the last 12 months
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rapid Creek, 0810. Typically our figures indicate that -7.62% is being offered, which puts this NT suburb at 960th most discounted overall in Australia.
Advertised rents are around the $540 mark per week – giving a return of 4.27% based on the median price in Suburb
Investment property in Rapid Creek has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -23.24%
While Rapid Creek,0810 ranked number 2nd in NT for increase in median house value (annualised) increase, it is ranked 12th over the last 5 years.
The most recent median price for Rapid Creek is $355000, with sellers offering an average of -10.36% off the asking price.
Rapid Creek, 0810’s gross rental yield is 5.86%