Desert Springs, 0870 ranked 6th 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
Taking the average capital gain, or increase in median house value, Desert Springs,0870 has racked up an average of 4.87% over the period. This ranks it number 2768th in the whole country for real estate investors looking at median house price increases.
Desert Springs, 0870 is offering NT ‘s 45th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NT.
In the last year 21 properties changed hands in Desert Springs, which puts it as the 29th most active market in NT when comparing the number of sales per suburb.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 5.16%, without taking into account capital value appreciation, which has been averaging out at 5.73%.