Property investors who have had real estate in Weston, 2611 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.42%
Weston,2611 has offered an average of -3.42% return per annum in house price rises to property investors over the last three years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.74% offered to property buyers. Sellers in Weston itself are offering an average vendor discount of -4.69% to real estate investors.
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.84%, without taking into account capital value appreciation, which has been averaging out at 4.34%.
Investment property in Weston 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 -1.16%
A 36.98% growth in median value for property investors in Weston,2611 puts this suburb at number 10th in terms of best performing suburbs in ACT
Weston, 2611’s gross rental yield is 3.79%