If you compare the increase in value of investment property in Larrakeyah, 0820 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NT suburb was 10.05%.
A 12.50% growth in median value for property investors in Larrakeyah,0820 puts this suburb at number 2nd in terms of best performing suburbs in NT
The most recent median price for Larrakeyah is $506250, with sellers offering an average of -9.67% off the asking price.
At number 1386 in a list of fastest selling suburbs, Larrakeyah is in the bottom 10% of suburbs in Australia with an average of days on market 133.68 for properties listed there.
Advertised rents are around the $480 mark per week – giving a return of 4.93% based on the median price in Suburb