With a capital gain of -1.02% for the last 12 months, Phillip, 2606 has performed for property investments than its average annual 1.96% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Phillip has given property investors a paper return of -1.74%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in ACT
The most recent median price for Phillip is $338500, with sellers offering an average of -3.66% off the asking price.
A $375 per week rent on the median house gives suburb investors a gross yield of circa 5.76%, without taking into account capital value appreciation, which has been averaging out at 1.96%.