Over the last year, property investments in Larapinta, 0870 have given investors a capital gain of 14.10%. This compares very favourably with the -3.97% for NT as a whole.
The five-year average increase in median property values for Larapinta,0870 has given property investors a potential capital gain of 14.40% across each of those five years.
State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.68% offered to property buyers. Sellers in Larapinta itself are offering an average vendor discount of -3.29% to real estate investors.
Larapinta, 0870’s gross rental yield is 5.84%
Over the last year, property investments in Larapinta, 0870 have given investors a capital gain of 25.19%. This compares very favourably with the -9.10% for NT as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Larapinta comes in at number 3rd in NT.
In the last year 11 properties changed hands in Larapinta, which puts it as the 22th most active market in NT when comparing the number of sales per suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 6.07%, without taking into account capital value appreciation, which has been averaging out at 5.60%.