If you compare the increase in value of investment property in Scullin, 2614 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 4.11%.
If we look at median property appreciation over just the last three months, Scullin has given property investors a paper return of 0.92%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in ACT
Scullin, 2614 is offering ACT ‘s 24th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this ACT.
With the median price for a house in Scullin being $493500 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.64%
Scullin has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 0.14% to date .
Scullin,2614 has offered an average of 0.14% return per annum in house price rises to property investors over the last three years.
In the last year 10 properties changed hands in Scullin, which puts it as the 72th most active market in ACT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.