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 5.5% and has experienced a 12-month capital growth of Up 17.3%, with a median house buy price of $745,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
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$750,500
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$745,000
Suburb Market Profile
Last month The Narrows had 1 property available for rent and 1 property for sale. Median property prices over the last year range from $745,000 for houses to $490,000 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 5.5% and units rent for $605 PW with a rental yield of 8.1%. The Narrows has seen an annual compound growth rate of 17.3% for houses and 28.6% for units.
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