Garran is in the bottom 10% 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 -5.79%.
A 23.02% growth in median value for property investors in Garran,2605 puts this suburb at number 45th in terms of best performing suburbs in ACT
Situated 7.34km from the CBD, Garran is one of Unincorporated ACT localities in the postcode 2605.
If you compare the increase in value of investment property in Garran, 2605 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -3.65%.
Our latest figures would indicate that property sellers in Garran are currently offering property investors an average price cut of -4.60% below the asking price at the moment.
Renters in Suburb are facing rents around $6240 per annum or $520 every week.