Investment property in Watson has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.68%
If we look at median property appreciation over just the last three months, Watson has given property investors a paper return of 1.48%. This puts Suburb as 41 on a list of fastest fasting appreciating suburbs in ACT
Watson, 2602 is offering ACT ‘s 51th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this ACT.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
With the median price for a house in Watson being $720000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 3.47%
Watson is in the bottom 30% in ACT when comparing median price capital growth over the last year. Watson gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.51%.
Watson,2602 has offered an average of -2.51% return per annum in house price rises to property investors over the last three years.
Watson, 2602 is offering ACT ‘s 18th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this ACT.
Property investors should expect to get $380 weekly from the median priced house in this suburb.