BAKEWELL 0832
State: NTPosiProp AI Investment Summary
BAKEWELL (NT 0832) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.7% and has experienced a 12-month capital growth of Up 29.4%, with a median house buy price of $660,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$380,000
$640,000
$700,000
$660,000
Suburb Market Profile
Last month Bakewell had 15 properties available for rent and 14 properties for sale. Median property prices over the last year range from $660,000 for houses to $400,000 for units. If you are looking for an investment property, consider houses in Bakewell rent out for $680 PW with an annual rental yield of 5.7% and units rent for $550 PW with a rental yield of 6.8%. Bakewell has seen an annual compound growth rate of 29.4% for houses and 25.0% for units.