Durack, 0830 ranked 17th in NT when comparing growth in median property values or capital gain over the last 12 months. Durack is one of 124 in our list for NT
If we look at median property appreciation over just the last three months, Durack has given property investors a paper return of 3.85%. This puts Suburb as 6 on a list of fastest fasting appreciating suburbs in NT
Property investors looking for a bargain in Durack should be aiming for at least -8.30% off the asking price, which is the average vendor discount being achieved at the moment.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 5.22%, without taking into account capital value appreciation, which has been averaging out at 3.91%.