Driver is an average performer in NT when comparing median price capital growth over the last year. Driver gave property investors a average capital gain figure when compared to the rest of the state, with -3.45%.
Vendor discounting in Driver is giving property investors an average Vendor Discount of around -2.68%. This puts suburb at number 42th in NT when ranking the most discounted suburbs.
With the median price for a house in Driver being $490000 and the advertised rent reaching $460 the gross rental yield for property investors calculates out to be 4.88%
Property value increases in Driver have tracked lower than the NT average of -4.15% over the last 12 months.
While Driver,0830 ranked number 20th in NT for increase in median house value (annualised) increase, it is ranked 17th over the last 5 years.
Driver0830 is located in NT which offers an average discount of -9.54% to property investors. Driver itself is showing figures that indicate -11.41% is the average achievable by property buyers investing in the suburb.
Driver, 0830’s gross rental yield is 6.87%