Tennant Creek is NT's cheapest housing market: Investar
Staff reporterDecember 7, 2020
Tennant Creek is the cheapest locality in the Northern Territory to buy a house, according to Investar’s latest report.
The property investment firm says that the median price at Tennant Creek has fallen by 5% over the past year to $283,500.
This is followed by Katherine with $322,500 and Larapinta with $379,000.
Suburb | Postcode | Bedrooms | Current median price |
Tennant Creek | 0860 | 3 | $283,500 |
Katherine | 0850 | 2 | $322,500 |
Larapinta | 0870 | 3 | $379,000 |
Moulden | 0830 | 3 | $399,000 |
Gillen | 0870 | 3 | $425,000 |
Braitling | 0870 | 3 | $429,000 |
A three bedroom house such as the one at 5 Skipper Street (above) that is on sale for $280,000 is the kind of property that purchasers can expect to purchase at Tennant Creek.