Tennant Creek has had a pretty good year for property investment returns compared to the rest of NT, giving investors a capital gain of -4.70% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tennant Creek has increased when compared to the 5 year average annual rate.
Property buyers and investors in Tennant Creek 0860 should be seeing an average reduction in asking price of around -15.06% . This means that Tennant Creek is holding prices well when compared to other suburbs in NT.
On average over the past year, suburb has had 1.75 sales per month, which equates to 21 per year.
The NT suburb of Tennant Creek, 0860 is in the Barkly local government area.