Property value increases in Turner have tracked higher than the ACT average of 7.14% over the last 12 months.
Turner,2612 has offered an average of 23.82% return per annum in house price rises to property investors over the last three years.
Situated 1.24km from the CBD, Turner is one of Unincorporated ACT localities in the postcode 2612.
Giving property investors a an unimpressive capital gain of -3.75% for the last year, Turner, 2612 is the 1357th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Turner comes in at number 33th in ACT.
Property investors looking for a bargain in Turner should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 10.75 sales per month, which equates to 129 per year.
Advertised rents are around the $420 mark per week – giving a return of 4.72% based on the median price in Suburb