Property investors who have had real estate in Araluen, 0870 should be relatively unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.98%
Property buyers and investors in Araluen 0870 should be seeing an average reduction in asking price of around -7.50% . This means that Araluen is holding prices well when compared to other suburbs in NT.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 5.35%, without taking into account capital value appreciation, which has been averaging out at 5.88%.
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 -4.60%.
If we look at median property appreciation over just the last three months, Araluen has given property investors a paper return of 3.65%. This puts Suburb as 4 on a list of fastest fasting appreciating suburbs in NT
In the last year 10 properties changed hands in Araluen, which puts it as the 29th most active market in NT when comparing the number of sales per suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.15%, without taking into account capital value appreciation, which has been averaging out at 6.02%.