Phillip has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 6.61% to date .
Over the longer term, Phillip has seen property prices show investors a 2.01% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Phillip are currently offering property investors an average price cut of -3.79% below the asking price at the moment.
Phillip is 7th on a list of best yielding suburbs for rents in ACT with a 5.57% return