Watson has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of 4.55% to date .
Watson,2602 has offered an average of 4.55% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Watson should be aiming for at least -4.10% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1011 in a list of fastest selling suburbs, Watson is in the TOP 30% of suburbs in Australia with an average of days on market 60.64 for properties listed there.
Advertised rents are around the $460 mark per week – giving a return of 3.47% based on the median price in Suburb
Watson is in the bottom 30% in ACT when comparing median price capital growth over the last year. Watson gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.90%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Watson has increased when compared to the 5 year average annual rate.
Watson2602 is located in ACT which offers an average discount of -4.21% to property investors. Watson itself is showing figures that indicate -5.50% is the average achievable by property buyers investing in the suburb.
Watson is 11th on a list of best yielding suburbs for rents in ACT with a 5.50% return