If you compare the increase in value of investment property in Wanguri, 0810 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NT suburb was 3.70%.
If we look at median property appreciation over just the last three months, Wanguri has given property investors a paper return of -3.45%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in NT
At number 1720 in a list of fastest selling suburbs, Wanguri is just in the top half of suburbs in Australia with an average of days on market 76.9 for properties listed there.
Advertised rents are around the $530 mark per week – giving a return of 4.92% based on the median price in Suburb
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Wanguri, NT – Tap into an advantageous location
Median house price: $605,500
Three-year growth: 1%
Rental yield: 5%
Less than 30 minutes’ drive from the Darwin CBD is the suburb of Wanguri. It was one of the few suburbs constructed in the northern area of the city before Cyclone Tracy hit in 1974.
There is a primary school in the suburb catering to families with young children not just in in Wanguri but also in suburbs like Tiwi, Lyons and Muirhead. Wanguri Park is a perfect site for after-school activity. The suburb’s proximity to Darwin also means proximity to the capital’s many amenities, such as shopping areas.