Property investors who have had real estate in Duffy, 2611 should be 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 15.07%
When looking at the potential capital gains offered to property investors over the last 3 years, Duffy comes in at number 15th in ACT.
LACK OF BUYER INTEREST may well be the reason that Duffy is offering property investors an average of -4.09. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in ACT
In the last year 41 properties changed hands in Duffy, which puts it as the 42th most active market in ACT when comparing the number of sales per suburb.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 5.23%.
ACT has seen average median house prices change by 2.38% which means that Duffy, 2611 has done well for property investors by showing a capital gain of 8.16% over the last year
The five-year average increase in median property values for Duffy,2611 has given property investors a potential capital gain of -5.93% across each of those five years.
Our latest figures would indicate that property sellers in Duffy are currently offering property investors an average price cut of -3.65% below the asking price at the moment.
Residents and property investors in Duffy have been waiting around 117.69 days to sell a property.
With the median price for a house in Duffy being $404500 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.56%