Property investors who have had real estate in Farrer, 2607 should be relatively pleased 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 6.89%
Farrer,2607 was ranked 375 in Australia by increase in median property value over the quarter.
Farrer, 2607 is offering ACT ‘s 18th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this ACT.
Property investors should expect to get $575 weekly from the median priced house in this suburb.
Over the last year, property investments in Farrer, 2607 have given investors a capital gain of -28.94%. This compares very badly with the -1.90% for ACT as a whole.
Farrer,2607 has offered an average of -28.94% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $337.5 and the average annual increase in value of a median property of 6.09%, investors should hope to achieve an overall return of 5.09%