Property investors who have had real estate in Rapid Creek, 0810 should be ok with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.26%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rapid Creek has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Rapid Creek is offering property investors an average of -7.51. This rate of discount on properties puts Suburb at number 29th in terms of most discounted suburbs in NT
Property investors should expect to get $550 weekly from the median priced house in this suburb.
Rapid Creek is an average performer in NT when comparing median price capital growth over the last year. Rapid Creek gave property investors a average capital gain figure when compared to the rest of the state, with -9.33%.
Comparing Rapid Creek,0810 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Rapid Creek, 0810. Typically our figures indicate that -10.22% is being offered, which puts this NT suburb at 53th most discounted overall in Australia.
Residents and property investors in Rapid Creek have been waiting around 135.72 days to sell a property.
Property investors should expect to get $380 weekly from the median priced house in this suburb.