Suburb Profile Report for Wright ACT (2611)

Wright House: Median price $750,000, Annual capital growth 11.05%, Number of sales 27, Weekly median advertised rent N/A

Wright Unit: Median price $374,000, Annual capital growth -5.74%, Number of sales 85, Weekly median advertised rent $415

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Wright has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -4.46% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Wright comes in at number 8th in ACT.

Property investors looking for a bargain in Wright should be aiming for at least -3.22% off the asking price, which is the average vendor discount being achieved at the moment.

Property investors who have had real estate in Wright, 2611 should be relatively 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 -2.98%

Advertised rents are around the $415 mark per week – giving a return of 5.77% based on the median price in Suburb

$750,000 $374,000
-7.41% 0.00%
-4.46% -2.98%
11.05% -5.74%
N/A $415
27 85
N/A 5.77%
80.5 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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