Tennant Creek is NT's cheapest housing market: Investar

Tennant Creek is NT's cheapest housing market: Investar
Tennant Creek is NT's cheapest housing market: Investar

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.

Tags: 
Investar Tennant Creek

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