Driver is in the bottom 30% in NT when comparing median price capital growth over the last year. Driver gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.55%.
Across a shorter period, Driver, 0830 has seen a median price increase of -4.78% over the last quarter.
Property buyers and investors in Driver 0830 should be seeing an average reduction in asking price of around -7.28% . This means that Driver is holding prices well when compared to other suburbs in NT.
Residents and property investors in Driver have been waiting around 136.03 days to sell a property.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 5.46%, without taking into account capital value appreciation, which has been averaging out at 3.32%.