With a capital gain of 7.95% for the last 12 months, Gillen, 0870 has performed for property investments than its average annual 4.72% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Gillen,0870 has racked up an average of 7.95% over the period. This ranks it number 3309th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Gillen 0870 should be seeing an average reduction in asking price of around -4.65% . This means that Gillen is holding prices well when compared to other suburbs in NT.
At number 2976 in a list of fastest selling suburbs, Gillen is in the bottom 30% of suburbs in Australia with an average of days on market 101.76 for properties listed there.
Gillen, 0870’s gross rental yield is 6.21%
NT has seen average median house prices change by -9.10% which means that Gillen, 0870 has not done well for property investors by showing a capital gain of -5.02% over the last year
Gillen,0870 was ranked 998 in Australia by increase in median property value over the quarter.
Gillen, 0870 is offering NT ‘s 10th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NT.
Residents and property investors in Gillen have been waiting around 109.08 days to sell a property.
Advertised rents are around the $400 mark per week – giving a return of 6.86% based on the median price in Suburb