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 44.96%.
The five-year average increase in median property values for Turner,2612 has given property investors a potential capital gain of 44.20% across each of those five years.
A $525 per week rent on the median house gives suburb investors a gross yield of circa 1.99%, without taking into account capital value appreciation, which has been averaging out at 8.04%.
Over the last year, property investments in Turner, 2612 have given investors a capital gain of -1.59%. This compares badly with the 1.04% for ACT as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Turner has increased when compared to the 5 year average annual rate.
Turner, 2612 is offering ACT ‘s 7th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this ACT.
Residents and property investors in Turner have been waiting around 104.81 days to sell a property.
Renters in Suburb are facing rents around $5220 per annum or $435 every week.