At number 2872th in the list of Australian suburbs ordered by increase in median house value over the last year, Desert Springs, 0870 is in the BOTTOM 40% with a property value increase of 1.28% recorded in median house prices.
If we look at median property appreciation over just the last three months, Desert Springs has given property investors a paper return of -1.42%. This puts Suburb as 24 on a list of fastest fasting appreciating suburbs in NT
Desert Springs0870 is located in NT which offers an average discount of -7.47% to property investors. Desert Springs itself is showing figures that indicate -3.87% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $730 mark per week – giving a return of 5.46% based on the median price in Suburb
Desert Springs, 0870 ranked 13th in NT when comparing growth in median property values or capital gain over the last 12 months. Desert Springs is one of 124 in our list for NT
A $450 per week rent on the median house gives suburb investors a gross yield of circa 7.06%, without taking into account capital value appreciation, which has been averaging out at 8.80%.