With a capital gain of 2.96% for the last 12 months, Page, 2614 has performed for property investments than its average annual 4.54% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Page has given property investors a paper return of 1.92%. This puts Suburb as 23 on a list of fastest fasting appreciating suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Page is offering property investors an average of -4.46. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in ACT
At number 211 in a list of fastest selling suburbs, Page is in the TOP 10% of suburbs in Australia with an average of days on market 39.73 for properties listed there.
Property investors should expect to get $415 weekly from the median priced house in this suburb.
Page is in the bottom 30% in ACT when comparing median price capital growth over the last year. Page gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.36%.
Taking the average capital gain, or increase in median house value, Page,2614 has racked up an average of -6.36% over the period. This ranks it number 1372th in the whole country for real estate investors looking at median house price increases.
Page, 2614 is offering ACT ‘s 27th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this ACT.
A $392.5 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 4.84%.