DESERT SPRINGS 0870
State: NTPosiProp AI Investment Summary
DESERT SPRINGS (NT 0870) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 7.1% and has experienced a 12-month capital growth of Up 3.2%, with a median house buy price of $737,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$750,000
$755,000
$737,500
Suburb Market Profile
Last month Desert Springs had 5 properties available for rent and 12 properties for sale. Median property prices over the last year range from $737,500 for houses to $385,000 for units. If you are looking for an investment property, consider houses in Desert Springs rent out for $1,075 PW with an annual rental yield of 7.1% and units rent for $520 PW with a rental yield of 8.1%. Desert Springs has seen an annual compound growth rate of 3.2% for houses and -2.5% for units.