Gillen is in the TOP 10% in NT when comparing median price capital growth over the last year. Gillen gave property investors a very good capital gain figure when compared to the rest of the state, with 6.67%.
Taking the average capital gain, or increase in median house value, Gillen,0870 has racked up an average of 6.67% over the period. This ranks it number 3224th in the whole country for real estate investors looking at median house price increases.
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 -4.68% is being offered, which puts this NT suburb at 2482th most discounted overall in Australia.
The NT suburb of Gillen, 0870 is in the Alice Springs local government area.
Investment property in Gillen 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 -6.15%
The five-year average increase in median property values for Gillen,0870 has given property investors a potential capital gain of 5.56% across each of those five years.
Sellers are offering property buyers an average discount of -8.76% to buyers in Gillen at the moment, which is less than average for the rest of NT.
Situated 1285.46km from the CBD, Gillen is one of Alice Springs localities in the postcode 0870.