NT has seen average median house prices change by -4.64% which means that East Side, 0870 has not done well for property investors by showing a capital gain of 2.29% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in East Side has increased when compared to the 5 year average annual rate.
East Side0870 is located in NT which offers an average discount of -7.52% to property investors. East Side itself is showing figures that indicate -4.08% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $6000 per annum or $500 every week.
East Side is in the TOP 10% in NT when comparing median price capital growth over the last year. East Side gave property investors a very good capital gain figure when compared to the rest of the state, with 9.24%.
Our latest figures would indicate that property sellers in East Side are currently offering property investors an average price cut of -6.84% below the asking price at the moment.
At number 1397 in a list of fastest selling suburbs, East Side is in the bottom 10% of suburbs in Australia with an average of days on market 130.13 for properties listed there.
Advertised rents are around the $350 mark per week – giving a return of 5.60% based on the median price in Suburb