Rapid Creek is a popular Darwin northern suburbs family suburb adjacent to the Rapid Creek Markets (Darwin's top Asian produce market), Lee Point Road and the Casuarina Coastal Reserve beaches. Well-established with mix of owner-occupiers and defence rental demand. At the current $620k median house price, an 80% loan at 6.25% over 30 years is about $3,054 per month.
| Median house price | $620,000 |
|---|---|
| Median unit price | $400,000 |
| Estimated monthly repayment | $3,054 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 5.5% |
| Gross rental yield | 6.2% |
| Typical days on market | 30 |
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