With a capital gain of 2.61% for the last 12 months, Page, 2614 has performed for property investments than its average annual 4.65% property growth over the last 5 years.
Across a shorter period, Page, 2614 has seen a median price increase of 1.49% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Page is offering property investors an average of -4.63. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in ACT
Situated 8.22km from the CBD, Page is one of Unincorporated ACT localities in the postcode 2614.
If you compare the increase in value of investment property in Page, 2614 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -1.38%.
Page,2614 has offered an average of -1.38% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Page is giving property investors an average Vendor Discount of around -3.06%. This puts suburb at number 31th in ACT when ranking the most discounted suburbs.
Residents and property investors in Page have been waiting around 81 days to sell a property.
Using the current median advertised rental of $395 and the average annual increase in value of a median property of 5.07%, investors should hope to achieve an overall return of 5.01%