NT has seen average median house prices change by -6.36% which means that Stuart Park, 0820 has not done well for property investors by showing a capital gain of -1.24% over the last year
Taking the average capital gain, or increase in median house value, Stuart Park,0820 has racked up an average of -1.24% over the period. This ranks it number 3486th in the whole country for real estate investors looking at median house price increases.
At number 2nd of NT’s most discounted properties, Stuart Park is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $6960 per annum or $580 every week.
Stuart Park, 0820 ranked 18th in NT when comparing growth in median property values or capital gain over the last 12 months. Stuart Park is one of 124 in our list for NT
Over the longer term, Stuart Park has seen property prices show investors a -6.17% 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 Stuart Park, 0820. Typically our figures indicate that -9.97% is being offered, which puts this NT suburb at 77th most discounted overall in Australia.
Property investors should expect to get $440 weekly from the median priced house in this suburb.
Stuart Park is just a short walk north of the Darwin CBD, and is one of our top picks for the Northern Territory. Full summary
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Stuart Park is just a short walk north of the Darwin CBD, and is one of our top picks for the Northern Territory.
It’s within easy access of the amenities of the city centre, and just a short drive or bus ride to the airport. Amenities are limited to a few shops in a small shopping centre on the Stuart Highway, but the amenities of the CBD are within easy reach.
Units are quite affordable compared to The Gardens, for example. Rental yields are also excellent, as you’d expect from a Darwin suburb. Cash flow positive purchases are very possible, too. Locals recommend Duke Street and Tipperary Crescent for water views.
Stuart Park has shown impressive capital growth in the past. Darwin market is proving volatile at present – not least due to affordability issues. Investors would be well advised to invest for rental yield in the short term, and treat any capital growth as a bonus in the short term.