With a capital gain of -11.35% for the last 12 months, Isaacs, 2607 has performed for property investments than its average annual 4.11% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Isaacs,2607 has racked up an average of -11.35% over the period. This ranks it number 2990th in the whole country for real estate investors looking at median house price increases.
Isaacs, 2607’s gross rental yield is 4.06%
Property value increases in Isaacs have tracked just higher than the ACT average of -0.70% over the last 12 months.
While Isaacs,2607 ranked number 13th in ACT for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.
Sellers are offering property buyers an average discount of -3.25% to buyers in Isaacs at the moment, which is less than average for the rest of ACT.
In the last year 20 properties changed hands in Isaacs, which puts it as the 47th most active market in ACT when comparing the number of sales per suburb.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.85%, without taking into account capital value appreciation, which has been averaging out at 3.88%.