NT has seen average median house prices change by -4.74% which means that Desert Springs, 0870 has not done well for property investors by showing a capital gain of -1.63% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Desert Springs comes in at number 7th in NT.
Property buyers and investors in Desert Springs 0870 should be seeing an average reduction in asking price of around -3.67% . This means that Desert Springs is holding prices well when compared to other suburbs in NT.
A $730 per week rent on the median house gives suburb investors a gross yield of circa 5.58%, without taking into account capital value appreciation, which has been averaging out at 5.41%.
Desert Springs, 0870 ranked 16th 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
Advertised rents are around the $440 mark per week – giving a return of 6.90% based on the median price in Suburb