driver 0830
State: NTPosiProp AI Investment Summary
driver (NT 0830) 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 Up 24.8%, with a median house buy price of $617,500. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
$495,000
$600,000
$655,000
$617,500
Suburb Market Profile
Last month Driver had 17 properties available for rent and 5 properties for sale. Median property prices over the last year range from $617,500 for houses to $382,500 for units. If you are looking for an investment property, consider houses in Driver rent out for $680 PW with an annual rental yield of 5.4% and units rent for $550 PW with a rental yield of 7.6%. Driver has seen an annual compound growth rate of 24.8% for houses and 34.2% for units.
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