Gillen NT 0870

Here you can find what you need to know about Gillen, NT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$448k Median Sale Price (National Average $485k) 38th In NT
7.95% Median Price Change (1 yr) (National Average 4.30%) 6th In NT
$535pw Median Rent (National Average $395) 27th In NT
6.2% Median Gross Yield (National Average 4.24%) 13th In NT
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Properties sold 65
Average discounting -4.65%
Average Days on Market 102
Stock on Market 27 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Gillen, NT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Gillen, NT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Gillen, NT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Gillen


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Latest Auction Results for Gillen as at 23 September 2018

Property Details
Sale Price
2Bed / 1Bath / Car / Unit
-
1Bed / 1Bath / 1Car / Unit
Passed In

State Auction Clearance Rates - September 2018

Auctions Clearance rate
NT 9 40%
ACT 115 59%
NSW 821 59%
QLD 124 47%
SA 120 60%
TAS 3 0%
VIC 1,129 54%
WA 30 31%

Local Schools


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Suburb Information

Gillen, NT 0870

Part of: Alice Springs Council No data available

The size of Gillen is approximately 2.6 square kilometres. It has 10 parks covering nearly 6.3% of total area. The population of Gillen in 2011 was 4,417 people. By 2016 the population was 4,290 showing a population decline of 2.9% in the area during that time. The predominant age group in Gillen is 30-39 years. Households in Gillen are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gillen work in a professional occupation. In 2011, 54.5% of the homes in Gillen were owner-occupied compared with 54.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Gillen

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Gillen   for Houses in last 12 months


There have been 65 Houses sold in Gillen in the past 12 months with a median sale price of $448K, up 7.95% annually. It takes on average 102 days to sell with vendor discounting of -4.65%.

Streets in Gillen


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