Howard Springs has had a pretty average year for property investment returns compared to the rest of NT, giving investors a capital gain of -3.38% to date .
Over the longer term, Howard Springs has seen property prices show investors a -18.57% return over the last 3 years. This is an improvement over the last 12 months
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.87% offered to property buyers. Sellers in Howard Springs itself are offering an average vendor discount of -7.35% to real estate investors.
In the last year 27 properties changed hands in Howard Springs, which puts it as the 16th most active market in NT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $28600 per annum or $550 every week.