Durack is an average performer in NT when comparing median price capital growth over the last year. Durack gave property investors a average capital gain figure when compared to the rest of the state, with -2.91%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Durack has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Durack are currently offering property investors an average price cut of -7.65% below the asking price at the moment.
Advertised rents are around the $490 mark per week – giving a return of 5.10% based on the median price in Suburb