Property investors who have had real estate in Driver, 0830 should be unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.74%
Taking the average capital gain, or increase in median house value, Driver,0830 has racked up an average of -9.74% over the period. This ranks it number 3887th in the whole country for real estate investors looking at median house price increases.
At number 31th of NT’s most discounted properties, Driver is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 27 properties changed hands in Driver, which puts it as the 20th most active market in NT when comparing the number of sales per suburb.
With the median price for a house in Driver being $440000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.32%
With the median price for a house in Driver being $320000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.69%