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 9.7% and has experienced a 12-month capital growth of Down -9.6%, with a median house buy price of $245,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
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$236,000
$300,000
$245,000
Suburb Market Profile
Last month Tennant Creek had 1 property available for rent and 25 properties for sale. Median sold prices over the last year is $245,000 for houses. If you are looking for an investment property, consider houses in Tennant Creek rent out for $550 PW with an annual rental yield of 9.7% and units rent for $400 PW with a rental yield of 7.3%. Tennant Creek has seen an annual compound growth rate of -9.6% for houses.