If you compare the increase in value of investment property in Watson, 2602 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 6.06%.
A 22.27% growth in median value for property investors in Watson,2602 puts this suburb at number 56th in terms of best performing suburbs in ACT
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Watson, 2602. Typically our figures indicate that -1.92% is being offered, which puts this ACT suburb at 3666th most discounted overall in Australia.
Advertised rents are around the $472.5 mark per week – giving a return of 3.51% based on the median price in Suburb
With a capital gain of -9.56% for the last 12 months, Watson, 2602 has performed for property investments than its average annual 1.94% property growth over the last 5 years.
Watson,2602 has offered an average of -9.56% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Watson is offering property investors an average of -4.07. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in ACT
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 1.94%, investors should hope to achieve an overall return of 5.50%