Investment property in Driver has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -7.10%
Comparing Driver,0830 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Vendor discounting in Driver is giving property investors an average Vendor Discount of around -9.39%. This puts suburb at number 10th in NT when ranking the most discounted suburbs.
Situated 14.73km from the CBD, Driver is one of Palmerston localities in the postcode 0830.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Driver has fallen somewhat when compared to the 5 year average annual rate.
Renters in Suburb are facing rents around $16120 per annum or $310 every week.