At number 616th in the list of Australian suburbs ordered by increase in median house value over the last year, Chifley, 2606 is in the top 20% with a property value increase of 15.45% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Chifley comes in at number 13th in ACT.
At number 13th of ACT’s most discounted properties, Chifley is in the bottom 30% of the state/territory when listing in order of most discounted to least.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.43%, without taking into account capital value appreciation, which has been averaging out at 6.77%.
Chifley has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -30.10% to date .
Comparing Chifley,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
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 Chifley, 2606. Typically our figures indicate that -6.25% is being offered, which puts this ACT suburb at 412th most discounted overall in Australia.
Property investors should expect to get $350 weekly from the median priced house in this suburb.