Tennant Creek is a remote NT service town and the site of one of Australia's last gold rushes. It offers very affordable housing, exceptional rental yields driven by government services and mining operations, and growing infrastructure investment as part of the Federal Government's remote NT engagement strategy. At the current $290k median house price, an 80% loan at 6.25% over 30 years is about $1,428 per month.
| Median house price | $290,000 |
|---|---|
| Median unit price | $178,000 |
| Estimated monthly repayment | $1,428 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 1.8% |
| Gross rental yield | 8.5% |
| Typical days on market | 75 |
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