Over the last year, property investments in Narrabundah, 2604 have given investors a capital gain of 10.84%. This compares favourably with the 7.20% for ACT as a whole.
A 33.33% growth in median value for property investors in Narrabundah,2604 puts this suburb at number 11th in terms of best performing suburbs in ACT
Using the current median advertised rental of $540 and the average annual increase in value of a median property of 5.46%, investors should hope to achieve an overall return of 3.12%
Narrabundah is an average performer in ACT when comparing median price capital growth over the last year. Narrabundah gave property investors a good capital gain figure when compared to the rest of the state, with 6.63%.
The five-year average increase in median property values for Narrabundah,2604 has given property investors a potential capital gain of 1.58% across each of those five years.
Narrabundah, 2604 is offering ACT ‘s 22th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.
At number 867 in a list of fastest selling suburbs, Narrabundah is just in the bottom half of suburbs in Australia with an average of days on market 82.42 for properties listed there.