Property value increases in Larapinta have tracked higher than the NT average of -2.58% over the last 12 months.
Over the longer term, Larapinta has seen property prices show investors a 13.46% return over the last 3 years. This is worse than over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Larapinta is offering property investors an average of -7.59. This rate of discount on properties puts Suburb at number 37th in terms of most discounted suburbs in NT
With the median price for a house in Larapinta being $442500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 5.88%
At number 117th in the list of Australian suburbs ordered by increase in median house value over the last year, Larapinta, 0870 is in the top 10% with a property value increase of 21.54% recorded in median house prices.
With the median price for a house in Larapinta being $316000 and the advertised rent reaching $375 the gross rental yield for property investors calculates out to be 6.17%