At number 2854th in the list of Australian suburbs ordered by increase in median house value over the last year, Weston, 2611 is in the BOTTOM 40% with a property value increase of 0.34% recorded in median house prices.
While Weston,2611 ranked number 66th in ACT for increase in median house value (annualised) increase, it is ranked 10th over the last 5 years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.22% offered to property buyers. Sellers in Weston itself are offering an average vendor discount of -3.24% to real estate investors.
Advertised rents are around the $520 mark per week – giving a return of 3.70% based on the median price in Suburb
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Weston has fallen somewhat when compared to the 5 year average annual rate.
Weston is 32th on a list of best yielding suburbs for rents in ACT with a 5.14% return