Araluen has had a A very good year for property investment returns compared to the rest of NT, giving investors a capital gain of 5.21% to date .
Vendor discounting in Araluen is giving property investors an average Vendor Discount of around -6.88%. This puts suburb at number 28th in NT when ranking the most discounted suburbs.
The NT suburb of Araluen, 0870 is in the Alice Springs local government area.
If you compare the increase in value of investment property in Araluen, 0870 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -3.40%.
While Araluen,0870 ranked number 3rd in NT for increase in median house value (annualised) increase, it is ranked 5th over the last 5 years.
In the last year 12 properties changed hands in Araluen, which puts it as the 26th most active market in NT when comparing the number of sales per suburb.
Property investors should expect to get $380 weekly from the median priced house in this suburb.