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 4.17%.
Scullin,2614 was ranked 1206 in Australia by increase in median property value over the quarter.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Scullin itself are offering an average vendor discount of -4.68% to real estate investors.
Advertised rents are around the $440 mark per week – giving a return of 4.58% based on the median price in Suburb
At number 1295th 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 -2.67% recorded in median house prices.
If we look at median property appreciation over just the last three months, Scullin has given property investors a paper return of -1.35%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in ACT
Situated 9.48km from the CBD, Scullin is one of Unincorporated ACT localities in the postcode 2614.