TENNANT CREEK 0860
State: NTPosiProp AI Investment Summary
TENNANT CREEK (NT 0860) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 10.3% and has experienced a 12-month capital growth of Up 5.1%, with a median house buy price of $270,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$203,000
$260,000
$335,000
$270,000
Suburb Market Profile
Last month Tennant Creek had 2 properties available for rent and 13 properties for sale. Median sold prices over the last year is $270,000 for houses. If you are looking for an investment property, consider houses in Tennant Creek rent out for $600 PW with an annual rental yield of 10.3% and units rent for $400 PW with a rental yield of 7.0%. Tennant Creek has seen an annual compound growth rate of 5.1% for houses.
Top Yielding Suburbs in NT
Explore other high-yield positive cash flow investment markets in NT