Giving property investors a a poor capital gain of -11.81% for the last year, The Gardens, 0820 is the 1606th highest performer in Australia in this respect.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -9.54% offered to property buyers. Sellers in The Gardens itself are offering an average vendor discount of -8.12% to real estate investors.
In the last year 16 properties changed hands in The Gardens, which puts it as the 17th most active market in NT when comparing the number of sales per suburb.
Advertised rents are around the $500 mark per week – giving a return of 4.64% based on the median price in Suburb