Investment property in Gillen has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -0.29%
While Gillen,0870 ranked number 10th in NT for increase in median house value (annualised) increase, it is ranked 6th over the last 5 years.
Sellers are offering property buyers an average discount of -5.01% to buyers in Gillen at the moment, which is less than average for the rest of NT.
Residents and property investors in Gillen have been waiting around 118.204 days to sell a property.
Gillen is 13th on a list of best yielding suburbs for rents in NT with a 5.98% return
Property value increases in Gillen have tracked close to the NT average of -8.84% over the last 12 months.
Gillen,0870 was ranked 1528 in Australia by increase in median property value over the quarter.
Often selling an investment property can take time, and in Gillen the average time real estate has been on the market is 121.091 days.
Advertised rents are around the $380 mark per week – giving a return of 7.81% based on the median price in Suburb