If you compare the increase in value of investment property in Downer, 2602 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 11.03%.
The five-year average increase in median property values for Downer,2602 has given property investors a potential capital gain of 37.61% across each of those five years.
The most recent median price for Downer is $805000, with sellers offering an average of -1.14% off the asking price.
At number 451 in a list of fastest selling suburbs, Downer is in the TOP 20% of suburbs in Australia with an average of days on market 41.82 for properties listed there.
Property investors should expect to get $510 weekly from the median priced house in this suburb.
Property investors who have had real estate in Downer, 2602 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -25.97%
Across a shorter period, Downer, 2602 has seen a median price increase of -22.53% over the last quarter.
Downer2602 is located in ACT which offers an average discount of -4.10% to property investors. Downer itself is showing figures that indicate -4.63% is the average achievable by property buyers investing in the suburb.
At number 1395 in a list of fastest selling suburbs, Downer is in the bottom 10% of suburbs in Australia with an average of days on market 130.4 for properties listed there.
The ACT suburb of Downer, 2602 is in the Unincorporated ACT local government area.