With a capital gain of 20.82% for the last 12 months, Narrabundah, 2604 has performed for property investments than its average annual 6.08% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Narrabundah has given property investors a paper return of -0.12%. This puts Suburb as 54 on a list of fastest fasting appreciating suburbs in ACT
Property investors looking for a bargain in Narrabundah should be aiming for at least -1.43% off the asking price, which is the average vendor discount being achieved at the moment.
With a capital gain of -1.68% for the last 12 months, Narrabundah, 2604 has performed for property investments than its average annual 1.87% property growth over the last 5 years.
Across a shorter period, Narrabundah, 2604 has seen a median price increase of 6.45% over the last quarter.
Sellers are offering property buyers an average discount of -3.45% to buyers in Narrabundah at the moment, which is less than average for the rest of ACT.
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.