At number 3956th in the list of Australian suburbs ordered by increase in median house value over the last year, Larapinta, 0870 is in the BOTTOM 10% with a property value increase of -11.86% recorded in median house prices.
Larapinta,0870 was ranked 251 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Larapinta should be aiming for at least -5.16% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Larapinta being $390000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 6.67%
If you compare the increase in value of investment property in Larapinta, 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 -11.11%.
The NT suburb of Larapinta, 0870 is in the Alice Springs local government area.