COCONUT GROVE 0810
State: NTPosiProp AI Investment Summary
COCONUT GROVE (NT 0810) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.3% and has experienced a 12-month capital growth of Up 48.7%, with a median house buy price of $1,025,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$685,000
$1,170,000
$1,025,000
Suburb Market Profile
Last month Coconut Grove had 12 properties available for rent and 11 properties for sale. Median property prices over the last year range from $1,025,000 for houses to $400,000 for units. If you are looking for an investment property, consider houses in Coconut Grove rent out for $820 PW with an annual rental yield of 5.3% and units rent for $550 PW with a rental yield of 6.8%. Coconut Grove has seen an annual compound growth rate of 48.7% for houses and 8.1% for units.