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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 -0.86% over the past year and changed -6.07% over 2 years.

The median rent in Gillen for houses is $570 per week and the median rental yield is 6.37%. Stock on the market for houses/townhouses has changed 2.78% compared to last year and the average time to sell a house/townhouse is 176 days.The median listing price for units is $279,000 and this has changed -3.47% over the past year. The average unit takes 251 days to sell and the median rent for a unit in Gillen is $415 per week, producing a rental yield of 7.73%.

Supply & Demand in Gillen, Alice Springs

0.47%

Current vacancy rate


9

Rental stock available


4,280

Population


32.29%

Rental population


0.36%

Current vacancy rate


46

Rental stock available


24,756

Population


33.08%

Rental population


0.59%

Current vacancy rate


610

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 $279,000
Median price change - last quarter -0.33% NA 0.17%
Median price change - 1 year -0.86% NA -3.47%
Median price change - 2 years -6.07% NA -11.01%
  House Townhouses Units
Median weekly rent $570 NA $415
Median yield % 6.37% NA 7.73%
Median rent change - 1 year 1.78% NA -7.78%
  House Units
Previous month sales 5 1
Stock on market previous month 37 11
Stock variance vs. last year 2.78% -45.00%
Average days on market 176 251

Gillen investment property listings

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