Over the last year, property investments in Araluen, 0870 have given investors a capital gain of 15.63%. This compares very favourably with the -4.85% for NT as a whole.
Comparing Araluen,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Araluen should be aiming for at least -4.95% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Araluen the average time real estate has been on the market is 118.09 days.
Advertised rents are around the $550 mark per week – giving a return of 5.15% based on the median price in Suburb
NT has seen average median house prices change by -2.49% which means that Araluen, 0870 has not done well for property investors by showing a capital gain of 10.55% over the last year
Taking the average capital gain, or increase in median house value, Araluen,0870 has racked up an average of 10.55% over the period. This ranks it number 539th in the whole country for real estate investors looking at median house price increases.