Suburb Profile Report for Larapinta NT (0875)

Larapinta House: Median price $386,000, Annual capital growth 3.58%, Number of sales 22, Weekly median advertised rent $500

Larapinta Unit: Median price $275,000, Annual capital growth 6.20%, Number of sales 12, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Larapinta, 0875 should be relatively unhappy with this NT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.99%

If we look at median property appreciation over just the last three months, Larapinta has given property investors a paper return of -1.78%. This puts Suburb as 35 on a list of fastest fasting appreciating suburbs in NT

Property investors looking for a bargain in Larapinta should be aiming for at least -6.69% off the asking price, which is the average vendor discount being achieved at the moment.

Across a shorter period, Larapinta, 0875 has seen a median price increase of 0.92% over the last quarter.

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

Renters in Suburb are facing rents around $19760 per annum or $380 every week.

Metrics i HOUSE UNIT
$386,000 $275,000
-1.78% 0.92%
-6.99% N/A
3.58% 6.20%
$500 $380
22 12
6.74% 7.19%
99.7692307692308 N/A

Source: Monthly data update for Jan 2020 as supplied by CoreLogic. Data is reported to the period ending Oct 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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