Suburb Profile Report for Larapinta NT (0875)

Larapinta House: Median price $418,500, Annual capital growth 5.03%, Number of sales 22, Weekly median advertised rent $480

Larapinta Unit: Median price $277,500, Annual capital growth 7.69%, Number of sales 10, Weekly median advertised rent $390

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

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

  • House Report

NT has seen average median house prices change by -3.70% which means that Larapinta, 0875 has not done well for property investors by showing a capital gain of 1.15% over the last year

Taking the average capital gain, or increase in median house value, Larapinta,0875 has racked up an average of 1.15% over the period. This ranks it number 2776th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -3.28% to buyers in Larapinta at the moment, which is less than average for the rest of NT.

In the last year 21 properties changed hands in Larapinta, which puts it as the 31th most active market in NT when comparing the number of sales per suburb.

Using the current median advertised rental of $480 and the average annual increase in value of a median property of 4.95%, investors should hope to achieve an overall return of 5.96%

Metrics i HOUSE UNIT
$418,500 $277,500
0.84% N/A
1.15% 2.78%
5.03% 7.69%
$480 $390
22 10
5.96% 7.31%
116.57143 N/A

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

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