With a capital gain of 5.08% for the last 12 months, Red Hill, 2603 has performed for property investments than its average annual 4.06% property growth over the last 5 years.
Comparing Red Hill,2603 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Red Hill 2603 should be seeing an average reduction in asking price of around -9.39% . This means that Red Hill is holding prices well when compared to other suburbs in ACT.
Often selling an investment property can take time, and in Red Hill the average time real estate has been on the market is 92.61 days.
A $762.5 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 4.06%.