DRIVER 0830
State: NTPosiProp AI Investment Summary
DRIVER (NT 0830) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Up 28.3%, with a median house buy price of $590,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$522,500
$575,000
$619,000
$590,000
Suburb Market Profile
Last month Driver had 25 properties available for rent and 7 properties for sale. Median property prices over the last year range from $590,000 for houses to $375,000 for units. If you are looking for an investment property, consider houses in Driver rent out for $650 PW with an annual rental yield of 5.2% and units rent for $520 PW with a rental yield of 7.4%. Driver has seen an annual compound growth rate of 28.3% for houses and 50.0% for units.
Properties For Sale in DRIVER
3 Listings Found$410,000
3/36 Lorna Lim Terrace, Driver
$759,000
42 Dwyer Circuit, Driver
$695,000
13 O'Brien Court, Driver