Giving property investors a a poor capital gain of -4.21% for the last year, Garran, 2605 is the 3369th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Garran comes in at number 20th in ACT.
Garran, 2605 is offering ACT ‘s 5th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this ACT.
Advertised rents are around the $695 mark per week – giving a return of 3.97% based on the median price in Suburb
ACT has seen average median house prices change by -1.57% which means that Garran, 2605 has not done well for property investors by showing a capital gain of -7.76% over the last year
Garran,2605 was ranked 1156 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Garran are currently offering property investors an average price cut of -2.43% below the asking price at the moment.
Garran is 36th on a list of best yielding suburbs for rents in ACT with a 4.92% return