Property value increases in Gillen have tracked just lower than the NT average of -1.44% over the last 12 months.
Gillen,0870 has offered an average of -3.45% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.71% to buyers in Gillen at the moment, which is less than average for the rest of NT.
Often selling an investment property can take time, and in Gillen the average time real estate has been on the market is 93.0645 days.
With the median price for a house in Gillen being $420000 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 6.31%
Over the last year, property investments in Gillen, 0870 have given investors a capital gain of 12.65%. This compares very favourably with the -0.43% for NT as a whole.
Gillen,0870 has offered an average of 12.65% return per annum in house price rises to property investors over the last three years.
In the last year 25 properties changed hands in Gillen, which puts it as the 8th most active market in NT when comparing the number of sales per suburb.
Property investors should expect to get $380 weekly from the median priced house in this suburb.