At number 575th in the list of Australian suburbs ordered by increase in median house value over the last year, Downer, 2602 is in the top 20% with a property value increase of 15.49% recorded in median house prices.
Across a shorter period, Downer, 2602 has seen a median price increase of 4.35% over the last quarter.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.22% offered to property buyers. Sellers in Downer itself are offering an average vendor discount of -3.16% to real estate investors.
Often selling an investment property can take time, and in Downer the average time real estate has been on the market is 32.72 days.
Downer, 2602’s gross rental yield is 3.17%
Giving property investors a a poor capital gain of -8.52% for the last year, Downer, 2602 is the 1532th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Downer,2602 has racked up an average of -8.52% over the period. This ranks it number 191th in the whole country for real estate investors looking at median house price increases.
Downer, 2602 is offering ACT ‘s 31th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this ACT.
Often selling an investment property can take time, and in Downer the average time real estate has been on the market is 116.91 days.
The ACT suburb of Downer, 2602 is in the Unincorporated ACT local government area.