At number 3019th in the list of Australian suburbs ordered by increase in median house value over the last year, Rivett, 2611 is in the BOTTOM 30% with a property value increase of 0.09% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Rivett,2611 has racked up an average of 0.09% over the period. This ranks it number 2334th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Rivett is offering property investors an average of -3.89. This rate of discount on properties puts Suburb at number 62th in terms of most discounted suburbs in ACT
Advertised rents are around the $460 mark per week – giving a return of 4.26% based on the median price in Suburb