With a capital gain of 0.29% for the last 12 months, East Side, 0870 has performed for property investments than its average annual 6.08% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, East Side,0870 has racked up an average of 0.29% over the period. This ranks it number 2961th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in East Side is giving property investors an average Vendor Discount of around -4.54%. This puts suburb at number 42th in NT when ranking the most discounted suburbs.
At number 2267 in a list of fastest selling suburbs, East Side is in the bottom 40% of suburbs in Australia with an average of days on market 89.29 for properties listed there.
Property value increases in East Side have tracked close to the NT average of -0.95% over the last 12 months.
Comparing East Side,0870 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Sellers are offering property buyers an average discount of -7.40% to buyers in East Side at the moment, which is less than average for the rest of NT.
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.02%, investors should hope to achieve an overall return of 5.85%