Property investors who have had real estate in Phillip, 2606 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.03%
A -7.60% growth in median value for property investors in Phillip,2606 puts this suburb at number 47th in terms of best performing suburbs in ACT
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.10% offered to property buyers. Sellers in Phillip itself are offering an average vendor discount of -3.88% to real estate investors.
On average over the past year, suburb has had 8.17 sales per month, which equates to 98 per year.
Property investors should expect to get $380 weekly from the median priced house in this suburb.