Suburb Profile Report for Wright ACT (2611)

Wright House: Median price $810,000, Annual capital growth 11.92%, Number of sales 31, Weekly median advertised rent N/A

Wright Unit: Median price $380,000, Annual capital growth -2.40%, Number of sales 41, Weekly median advertised rent $415

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

Source: CoreLogic

  • House Report
  • Unit Report

Wright, 2611 ranked 73th in ACT when comparing growth in median property values or capital gain over the last 12 months. Wright is one of 126 in our list for ACT

Over the longer term, Wright has seen property prices show investors a 35.01% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Wright is giving property investors an average Vendor Discount of around -4.48%. This puts suburb at number 23th in ACT when ranking the most discounted suburbs.

Over the last year, property investments in Wright, 2611 have given investors a capital gain of 1.60%. This compares averagely with the 0.21% for ACT as a whole.

With the median price for a house in Wright being $380000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 5.68%

Metrics i HOUSE UNIT
$810,000 $380,000
2.92% -8.21%
-0.67% 1.60%
11.92% -2.40%
N/A $415
31 41
N/A 5.68%
102.72 N/A

Source: CoreLogic

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