Property investors who have had real estate in Larapinta, 0870 should be unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -5.85%
When looking at the potential capital gains offered to property investors over the last 3 years, Larapinta comes in at number 18th in NT.
Sellers are offering property buyers an average discount of -6.33% to buyers in Larapinta at the moment, which is less than average for the rest of NT.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 5.09%, investors should hope to achieve an overall return of 6.32%