Property value increases in Araluen have tracked just higher than the NT average of -6.36% over the last 12 months.
Across a shorter period, Araluen, 0870 has seen a median price increase of -10.31% over the last quarter.
Sellers are offering property buyers an average discount of -4.99% to buyers in Araluen at the moment, which is less than average for the rest of NT.
The NT suburb of Araluen, 0870 is in the Alice Springs local government area.
Investment property in Araluen has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.00%
Comparing Araluen,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.25% offered to property buyers. Sellers in Araluen itself are offering an average vendor discount of -5.65% to real estate investors.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 4.78%, without taking into account capital value appreciation, which has been averaging out at 6.86%.