At number 1369th in the list of Australian suburbs ordered by increase in median house value over the last year, Wanguri, 0810 is in the top 40% with a property value increase of 1.85% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Wanguri comes in at number 10th in NT.
Using the current median advertised rental of $535 and the average annual increase in value of a median property of 0.92%, investors should hope to achieve an overall return of 5.06%
Information supplied by:
Wanguri, NT – Tap into an advantageous location
Median house price: $605,500
Three-year growth: 1%
Rental yield: 5%
Less than 30 minutes’ drive from the Darwin CBD is the suburb of Wanguri. It was one of the few suburbs constructed in the northern area of the city before Cyclone Tracy hit in 1974.
There is a primary school in the suburb catering to families with young children not just in in Wanguri but also in suburbs like Tiwi, Lyons and Muirhead. Wanguri Park is a perfect site for after-school activity. The suburb’s proximity to Darwin also means proximity to the capital’s many amenities, such as shopping areas.