Investment property in Duffy has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.20%
A 22.75% growth in median value for property investors in Duffy,2611 puts this suburb at number 79th in terms of best performing suburbs in ACT
Sellers are offering property buyers an average discount of -2.17% to buyers in Duffy at the moment, which is less than average for the rest of ACT.
Using the current median advertised rental of $570 and the average annual increase in value of a median property of 4.27%, investors should hope to achieve an overall return of 4.39%
Over the last year, property investments in Duffy, 2611 have given investors a capital gain of 19.12%. This compares very favourably with the 2.21% for ACT as a whole.
Duffy,2611 has offered an average of 19.12% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Duffy should be aiming for at least -2.27% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 5.72%, investors should hope to achieve an overall return of 4.09%