Giving property investors a a poor capital gain of -6.74% for the last year, Gillen, 0870 is the 3657th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gillen has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gillen, 0870. Typically our figures indicate that -6.76% is being offered, which puts this NT suburb at 1385th most discounted overall in Australia.
In the last year 44 properties changed hands in Gillen, which puts it as the 7th most active market in NT when comparing the number of sales per suburb.
The NT suburb of Gillen, 0870 is in the Alice Springs local government area.
Gillen, 0870 ranked 1st in NT when comparing growth in median property values or capital gain over the last 12 months. Gillen is one of 124 in our list for NT
When looking at the potential capital gains offered to property investors over the last 3 years, Gillen comes in at number 4th in NT.
Property buyers and investors in Gillen 0870 should be seeing an average reduction in asking price of around -6.42% . This means that Gillen is holding prices well when compared to other suburbs in NT.
Property investors should expect to get $350 weekly from the median priced house in this suburb.