If you compare the increase in value of investment property in Larapinta, 0870 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NT suburb was 0.73%.
When looking at the potential capital gains offered to property investors over the last 3 years, Larapinta comes in at number 5th in NT.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.19% offered to property buyers. Sellers in Larapinta itself are offering an average vendor discount of -2.69% to real estate investors.
Advertised rents are around the $500 mark per week – giving a return of 6.27% based on the median price in Suburb
Investment property in Larapinta has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.88%
Larapinta,0870 was ranked 1623 in Australia by increase in median property value over the quarter.
Larapinta, 0870 is offering NT ‘s 16th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NT.
Residents and property investors in Larapinta have been waiting around 180.6 days to sell a property.
Using the current median advertised rental of $372.5 and the average annual increase in value of a median property of 7.67%, investors should hope to achieve an overall return of 6.74%