Property investors who have had real estate in Scullin, 2614 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.43%
Across a shorter period, Scullin, 2614 has seen a median price increase of 2.37% over the last quarter.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.98% offered to property buyers. Sellers in Scullin itself are offering an average vendor discount of -4.68% to real estate investors.
In the last year 38 properties changed hands in Scullin, which puts it as the 51th most active market in ACT when comparing the number of sales per suburb.
If you compare the increase in value of investment property in Scullin, 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 -1.33%.
Scullin,2614 was ranked 1189 in Australia by increase in median property value over the quarter.