If you compare the increase in value of investment property in Turner, 2612 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 8.00%.
Turner,2612 has offered an average of 8.00% return per annum in house price rises to property investors over the last three years.
Advertised rents are around the $520 mark per week – giving a return of 1.88% based on the median price in Suburb
Turner has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -1.34% to date .
If we look at median property appreciation over just the last three months, Turner has given property investors a paper return of 4.03%. This puts Suburb as 16 on a list of fastest fasting appreciating suburbs in ACT
At number 27th of ACT’s most discounted properties, Turner is in the TOP 40% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Turner being $478500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.89%