Property investors who have had real estate in Red Hill, 2603 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.46%
If we look at median property appreciation over just the last three months, Red Hill has given property investors a paper return of 2.04%. This puts Suburb as 44 on a list of fastest fasting appreciating 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 Red Hill, 2603. Typically our figures indicate that -9.39% is being offered, which puts this ACT suburb at 436th most discounted overall in Australia.
Red Hill is 50th on a list of best yielding suburbs for rents in ACT with a 4.67% return