Giving property investors a an unimpressive capital gain of -6.62% for the last year, Gillen, 0870 is the 2930th highest performer in Australia in this respect.
Over the longer term, Gillen has seen property prices show investors a 1.18% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Gillen is $430000, with sellers offering an average of -4.95% off the asking price.
Advertised rents are around the $500 mark per week – giving a return of 6.05% based on the median price in Suburb
Property value increases in Gillen have tracked just higher than the NT average of -9.83% over the last 12 months.
Across a shorter period, Gillen, 0870 has seen a median price increase of 0.00% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gillen, 0870. Typically our figures indicate that -4.66% is being offered, which puts this NT suburb at 866th most discounted overall in Australia.
Situated 1290.73km from the CBD, Gillen is one of Alice Springs (T) localities in the postcode 0870.