Over the last year, property investments in Bayview, 0820 have given investors a capital gain of -18.33%. This compares very badly with the -5.07% for NT as a whole.
Bayview,0820 was ranked 3291 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
A $900 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 14.46%.
Bayview has had a quite poor year for property investment returns compared to the rest of NT, giving investors a capital gain of -19.12% to date .
Taking the average capital gain, or increase in median house value, Bayview,0820 has racked up an average of -19.12% over the period. This ranks it number 1638th in the whole country for real estate investors looking at median house price increases.
The NT suburb of Bayview, 0820 is in the Darwin local government area.