With a capital gain of 10.77% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 6.29% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Chifley,2606 has racked up an average of 10.77% over the period. This ranks it number 1344th in the whole country for real estate investors looking at median house price increases.
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.
Often selling an investment property can take time, and in Chifley the average time real estate has been on the market is 66.16 days.
Chifley is 58th on a list of best yielding suburbs for rents in ACT with a 3.68% return
Property value increases in Chifley have tracked lower than the ACT average of -0.94% over the last 12 months.
Chifley,2606 has offered an average of -20.93% return per annum in house price rises to property investors over the last three years.
Chifley2606 is located in ACT which offers an average discount of -4.08% to property investors. Chifley itself is showing figures that indicate -4.57% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Chifley being $393000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.63%