Property investors who have had real estate in Scullin, 2614 should be relatively unhappy 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 0.21%
Comparing Scullin,2614 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Scullin should be aiming for at least -4.52% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 9.45km from the CBD, Scullin is one of Unincorporated ACT localities in the postcode 2614.
At number 1289th in the list of Australian suburbs ordered by increase in median house value over the last year, Scullin, 2614 is in the BOTTOM 30% with a property value increase of -2.63% recorded in median house prices.
The five-year average increase in median property values for Scullin,2614 has given property investors a potential capital gain of -1.33% across each of those five years.
In the last year 12 properties changed hands in Scullin, which puts it as the 65th most active market in ACT when comparing the number of sales per suburb.
The ACT suburb of Scullin, 2614 is in the Unincorporated ACT local government area.