Rapid Creek is in the TOP 20% in NT when comparing median price capital growth over the last year. Rapid Creek gave property investors a very good capital gain figure when compared to the rest of the state, with 3.28%.
Rapid Creek,0810 has offered an average of 3.28% return per annum in house price rises to property investors over the last three years.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
Advertised rents are around the $525 mark per week – giving a return of 4.33% based on the median price in Suburb
Property investors who have had real estate in Rapid Creek, 0810 should be pleased 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 10.40%
Rapid Creek,0810 has offered an average of 10.40% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Rapid Creek is offering property investors an average of -10.68. This rate of discount on properties puts Suburb at number 2nd in terms of most discounted suburbs in NT
In the last year 25 properties changed hands in Rapid Creek, which puts it as the 6th most active market in NT when comparing the number of sales per suburb.
Rapid Creek, 0810’s gross rental yield is 4.97%