Downer, 2602 ranked 15th in ACT when comparing growth in median property values or capital gain over the last 12 months. Downer is one of 126 in our list for ACT
A 25.53% growth in median value for property investors in Downer,2602 puts this suburb at number 40th in terms of best performing suburbs in ACT
The most recent median price for Downer is $745000, with sellers offering an average of -2.23% off the asking price.
On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.
Situated 3.97km from the CBD, Downer is one of Unincorporated ACT localities in the postcode 2602.
Investment property in Downer has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.52%
Vendor discounting in Downer is giving property investors an average Vendor Discount of around -3.92%. This puts suburb at number 23th in ACT when ranking the most discounted suburbs.
Residents and property investors in Downer have been waiting around 100 days to sell a property.
Renters in Suburb are facing rents around $4140 per annum or $345 every week.