Gillen is an average performer in NT when comparing median price capital growth over the last year. Gillen gave property investors a average capital gain figure when compared to the rest of the state, with -6.60%.
A -4.02% growth in median value for property investors in Gillen,0870 puts this suburb at number 13th in terms of best performing suburbs in NT
Sellers are offering property buyers an average discount of -6.83% to buyers in Gillen at the moment, which is less than average for the rest of NT.
With the median price for a house in Gillen being $417500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 6.23%
NT has seen average median house prices change by -4.08% which means that Gillen, 0870 has not done well for property investors by showing a capital gain of 28.94% over the last year
A -11.94% growth in median value for property investors in Gillen,0870 puts this suburb at number 2nd in terms of best performing suburbs in NT
Property investors looking for a bargain in Gillen should be aiming for at least -5.62% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Gillen the average time real estate has been on the market is 104.92 days.
Gillen is 8th on a list of best yielding suburbs for rents in NT with a 5.94% return