Giving property investors a a poor capital gain of -4.23% for the last year, Rapid Creek, 0810 is the 3433th highest performer in Australia in this respect.
While Rapid Creek,0810 ranked number 38th in NT for increase in median house value (annualised) increase, it is ranked 14th over the last 5 years.
At number 20th of NT’s most discounted properties, Rapid Creek is in the middle of the state/territory when listing in order of most discounted to least.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.82%, without taking into account capital value appreciation, which has been averaging out at 3.20%.
NT has seen average median house prices change by -10.85% which means that Rapid Creek, 0810 has not done well for property investors by showing a capital gain of -11.33% over the last year
The five-year average increase in median property values for Rapid Creek,0810 has given property investors a potential capital gain of -25.14% across each of those five years.
Sellers are offering property buyers an average discount of -11.66% to buyers in Rapid Creek at the moment, which is less than average for the rest of NT.
Residents and property investors in Rapid Creek have been waiting around 146.6 days to sell a property.
With the median price for a house in Rapid Creek being $346250 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 6.01%