With a capital gain of -16.83% for the last 12 months, Woodroffe, 0830 has performed for property investments than its average annual 3.87% property growth over the last 5 years.
Over the longer term, Woodroffe has seen property prices show investors a -14.29% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Woodroffe is offering property investors an average of -7.52. This rate of discount on properties puts Suburb at number 10th in terms of most discounted suburbs in NT
With the median price for a house in Woodroffe being $420000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 5.57%