THE NARROWS 0820
State: NTPosiProp AI Investment Summary
THE NARROWS (NT 0820) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.4% and has experienced a 12-month capital growth of Down -6.8%, with a median house buy price of $635,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$550,000
$716,500
$635,000
Suburb Market Profile
Last month The Narrows had 2 properties available for rent and 2 properties for sale. Median property prices over the last year range from $635,000 for houses to $438,750 for units. If you are looking for an investment property, consider houses in The Narrows rent out for $680 PW with an annual rental yield of 5.4% and units rent for $560 PW with a rental yield of 7.7%. The Narrows has seen an annual compound growth rate of -6.8% for houses and 18.4% for units.