While Turner,2612 ranked number 76th in ACT for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.
Turner is 85th on a list of best yielding suburbs for rents in ACT with a 1.89% return
ACT has seen average median house prices change by -1.05% which means that Turner, 2612 has not done well for property investors by showing a capital gain of -0.55% over the last year
Comparing Turner,2612 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Turner is giving property investors an average Vendor Discount of around -4.63%. This puts suburb at number 15th in ACT when ranking the most discounted suburbs.
On average over the past year, suburb has had 11.00 sales per month, which equates to 132 per year.
A $425 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 3.12%.