If you compare the increase in value of investment property in Turner, 2612 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 23.82%.
Taking the average capital gain, or increase in median house value, Turner,2612 has racked up an average of 23.82% over the period. This ranks it number 484th in the whole country for real estate investors looking at median house price increases.
With the median price for a house in Turner being $1362000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 1.91%
At number 1395th in the list of Australian suburbs ordered by increase in median house value over the last year, Turner, 2612 is in the BOTTOM 20% with a property value increase of -4.66% recorded in median house prices.
Turner,2612 has offered an average of -4.66% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -4.48% to buyers in Turner at the moment, which is less than average for the rest of ACT.
Turner is 41th on a list of best yielding suburbs for rents in ACT with a 4.86% return