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Investment Property Gillen, NT, 0870

Suburb Snapshot

Gillen is a suburb in the Alice Springs Region of Northern Territory. Gillen has a population of 4,280 people and 32.29% of its occupants live in rental accommodation. The median listing price for houses is $465,000 and this has changed -2.93% over the past year and changed -6.07% over 2 years.

The median rent in Gillen for houses is $565 per week and the median rental yield is 6.31%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 180 days.The median listing price for units is $280,000 and this has changed -3.29% over the past year. The average unit takes 278 days to sell and the median rent for a unit in Gillen is $410 per week, producing a rental yield of 7.61%.

Supply & Demand in Gillen, Alice Springs

0.53%

Current vacancy rate


10

Rental stock available


4,280

Population


32.29%

Rental population


0.44%

Current vacancy rate


56

Rental stock available


24,756

Population


33.08%

Rental population


0.71%

Current vacancy rate


735

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Gillen, Alice Springs

  House Townhouses Units
Median listing price $465,000 NA $280,000
Median price change - last quarter -0.33% NA 0.17%
Median price change - 1 year -2.93% NA -3.29%
Median price change - 2 years -6.07% NA -12.09%
  House Townhouses Units
Median weekly rent $565 NA $410
Median yield % 6.31% NA 7.61%
Median rent change - 1 year -0.88% NA -4.66%
  House Units
Previous month sales 3 4
Stock on market previous month 35 12
Stock variance vs. last year 0.00% -33.33%
Average days on market 180 278

Gillen investment property listings

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