NT has seen average median house prices change by -10.83% which means that Darwin, 0800 has not done well for property investors by showing a capital gain of -4.23% over the last year
The five-year average increase in median property values for Darwin,0800 has given property investors a potential capital gain of -27.66% across each of those five years.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -10.31% offered to property buyers. Sellers in Darwin itself are offering an average vendor discount of -9.79% to real estate investors.
In the last year 125 properties changed hands in Darwin, which puts it as the 1st most active market in NT when comparing the number of sales per suburb.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 6.88%, without taking into account capital value appreciation, which has been averaging out at -1.69%.