At number 3466th in the list of Australian suburbs ordered by increase in median house value over the last year, Gillen, 0870 is in the BOTTOM 20% with a property value increase of -5.17% recorded in median house prices.
If we look at median property appreciation over just the last three months, Gillen has given property investors a paper return of -6.01%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in NT
Vendor discounting in Gillen is giving property investors an average Vendor Discount of around -7.87%. This puts suburb at number 20th in NT when ranking the most discounted suburbs.
Gillen, 0870’s gross rental yield is 6.41%
If you compare the increase in value of investment property in Gillen, 0870 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NT suburb was -13.41%.
Over the longer term, Gillen has seen property prices show investors a -12.07% return over the last 3 years. This is worse than over the last 12 months
The NT suburb of Gillen, 0870 is in the Alice Springs local government area.