coconut grove 0810
State: NTPosiProp AI Investment Summary
coconut grove (NT 0810) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.3% and has experienced a 12-month capital growth of Up 31.5%, with a median house buy price of $940,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$755,000
$1,025,000
$940,500
Suburb Market Profile
Last month Coconut Grove had 11 properties available for rent and 8 properties for sale. Median property prices over the last year range from $940,500 for houses to $430,000 for units. If you are looking for an investment property, consider houses in Coconut Grove rent out for $923 PW with an annual rental yield of 5.3% and units rent for $600 PW with a rental yield of 7.0%. Coconut Grove has seen an annual compound growth rate of 31.5% for houses and 14.7% for units.
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