ACT has seen average median house prices change by 7.78% which means that Watson, 2602 has done well for property investors by showing a capital gain of 9.01% over the last year
The five-year average increase in median property values for Watson,2602 has given property investors a potential capital gain of 28.57% across each of those five years.
Watson2602 is located in ACT which offers an average discount of -3.73% to property investors. Watson itself is showing figures that indicate -1.92% is the average achievable by property buyers investing in the suburb.
A $475 per week rent on the median house gives suburb investors a gross yield of circa 3.43%, without taking into account capital value appreciation, which has been averaging out at 5.14%.
Watson, 2602 ranked 46th in ACT when comparing growth in median property values or capital gain over the last 12 months. Watson is one of 126 in our list for ACT
While Watson,2602 ranked number 35th in ACT for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
Our latest figures would indicate that property sellers in Watson are currently offering property investors an average price cut of -4.00% below the asking price at the moment.
Advertised rents are around the $370 mark per week – giving a return of 5.42% based on the median price in Suburb