Red Hill has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 9.56% to date .
Red Hill,2603 has offered an average of 9.56% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Red Hill is giving property investors an average Vendor Discount of around -3.22%. This puts suburb at number 37th in ACT when ranking the most discounted suburbs.
With the median price for a house in Red Hill being $1375000 and the advertised rent reaching $787.5 the gross rental yield for property investors calculates out to be 2.98%
With a capital gain of -36.73% for the last 12 months, Red Hill, 2603 has performed for property investments than its average annual 24.46% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Red Hill comes in at number 2nd in ACT.