With a capital gain of 2.96% for the last 12 months, Dickson, 2602 has performed for property investments than its average annual 5.80% property growth over the last 5 years.
Vendor discounting in Dickson is giving property investors an average Vendor Discount of around -1.74%. This puts suburb at number 55th in ACT when ranking the most discounted suburbs.
Residents and property investors in Dickson have been waiting around 19.5 days to sell a property.
A $530 per week rent on the median house gives suburb investors a gross yield of circa 3.60%, without taking into account capital value appreciation, which has been averaging out at 5.80%.
Dickson has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 25.33% to date .
Comparing Dickson,2602 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Our latest figures would indicate that property sellers in Dickson are currently offering property investors an average price cut of -3.82% below the asking price at the moment.
Situated 2.47km from the CBD, Dickson is one of Unincorporated ACT localities in the postcode 2602.