If you compare the increase in value of investment property in Howard Springs, 0835 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NT suburb was 7.66%.
Taking the average capital gain, or increase in median house value, Howard Springs,0835 has racked up an average of 7.66% over the period. This ranks it number 2950th in the whole country for real estate investors looking at median house price increases.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.65% offered to property buyers. Sellers in Howard Springs itself are offering an average vendor discount of -5.35% to real estate investors.
Often selling an investment property can take time, and in Howard Springs the average time real estate has been on the market is 109.76 days.
Advertised rents are around the $600 mark per week – giving a return of 4.39% based on the median price in Suburb