With a capital gain of 7.75% for the last 12 months, Dickson, 2602 has performed for property investments than its average annual 6.39% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Dickson has given property investors a paper return of 0.33%. This puts Suburb as 72 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Dickson are currently offering property investors an average price cut of -7.54% below the asking price at the moment.
Often selling an investment property can take time, and in Dickson the average time real estate has been on the market is 23.42 days.
Renters in Suburb are facing rents around $6300 per annum or $525 every week.
At number 1090th in the list of Australian suburbs ordered by increase in median house value over the last year, Dickson, 2602 is in the BOTTOM 40% with a property value increase of 0.00% recorded in median house prices.
If we look at median property appreciation over just the last three months, Dickson has given property investors a paper return of 2.17%. This puts Suburb as 15 on a list of fastest fasting appreciating suburbs in ACT
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.21% offered to property buyers. Sellers in Dickson itself are offering an average vendor discount of -5.50% to real estate investors.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.24%, without taking into account capital value appreciation, which has been averaging out at 2.77%.