If you compare the increase in value of investment property in Johnston, 0832 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NT suburb was 6.44%.
If we look at median property appreciation over just the last three months, Johnston has given property investors a paper return of -0.39%. This puts Suburb as 13 on a list of fastest fasting appreciating suburbs in NT
Advertised rents are around the $590 mark per week – giving a return of 4.76% based on the median price in Suburb
Property value increases in Johnston have tracked lower than the NT average of -2.93% over the last 12 months.
With the median price for a house in Johnston being $440000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.73%