Property value increases in Chifley have tracked higher than the ACT average of 5.43% over the last 12 months.
Comparing Chifley,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Chifley should be aiming for at least -5.45% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1147 in a list of fastest selling suburbs, Chifley is in the TOP 40% of suburbs in Australia with an average of days on market 66.16 for properties listed there.
Renters in Suburb are facing rents around $5880 per annum or $490 every week.
With a capital gain of -36.84% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 6.16% property growth over the last 5 years.
The five-year average increase in median property values for Chifley,2606 has given property investors a potential capital gain of -11.07% across each of those five years.
Chifley2606 is located in ACT which offers an average discount of -3.94% to property investors. Chifley itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Chifley have been waiting around 121.42 days to sell a property.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 6.16%, investors should hope to achieve an overall return of 5.50%