At number 4162th in the list of Australian suburbs ordered by increase in median house value over the last year, Rapid Creek, 0810 is in the BOTTOM 10% with a property value increase of -14.98% recorded in median house prices.
The five-year average increase in median property values for Rapid Creek,0810 has given property investors a potential capital gain of -12.86% across each of those five years.
Rapid Creek0810 is located in NT which offers an average discount of -8.58% to property investors. Rapid Creek itself is showing figures that indicate 0.00% is the average achievable by property buyers investing in the suburb.
The NT suburb of Rapid Creek, 0810 is in the Darwin (C) local government area.
Property investors who have had real estate in Rapid Creek, 0810 should be unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -21.36%
Rapid Creek,0810 was ranked 1425 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Rapid Creek are currently offering property investors an average price cut of -16.56% below the asking price at the moment.
Rapid Creek is 16th on a list of best yielding suburbs for rents in NT with a 5.81% return