Araluen, 0870 ranked 7th in NT when comparing growth in median property values or capital gain over the last 12 months. Araluen is one of 124 in our list for NT
When looking at the potential capital gains offered to property investors over the last 3 years, Araluen comes in at number 9th in NT.
Property buyers and investors in Araluen 0870 should be seeing an average reduction in asking price of around -5.05% . This means that Araluen is holding prices well when compared to other suburbs in NT.
Residents and property investors in Araluen have been waiting around 135.23 days to sell a property.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
If you compare the increase in value of investment property in Araluen, 0870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -8.23%.
Comparing Araluen,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Araluen, 0870 is offering NT ‘s 15th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NT.
At number 1421 in a list of fastest selling suburbs, Araluen is in the bottom 10% of suburbs in Australia with an average of days on market 141 for properties listed there.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.74%, without taking into account capital value appreciation, which has been averaging out at 5.40%.