Garran is in the bottom 20% in ACT when comparing median price capital growth over the last year. Garran gave property investors a dismal capital gain figure when compared to the rest of the state, with 1.98%.
Comparing Garran,2605 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Situated 7.30km from the CBD, Garran is one of Unincorporated ACT localities in the postcode 2605.
Property value increases in Garran have tracked just lower than the ACT average of 2.21% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Garran comes in at number 40th 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 Garran, 2605. Typically our figures indicate that -5.10% is being offered, which puts this ACT suburb at 683th most discounted overall in Australia.
Renters in Suburb are facing rents around $6240 per annum or $520 every week.