ACT has seen average median house prices change by 7.58% which means that Scullin, 2614 has done well for property investors by showing a capital gain of 12.27% over the last year
Comparing Scullin,2614 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Scullin is offering property investors an average of -3.67. This rate of discount on properties puts Suburb at number 15th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.
The ACT suburb of Scullin, 2614 is in the Unincorporated ACT local government area.
Scullin has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -10.84% to date .
Over the longer term, Scullin has seen property prices show investors a -1.33% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Scullin 2614 should be seeing an average reduction in asking price of around -2.97% . This means that Scullin is holding prices well when compared to other suburbs in ACT.
In the last year 18 properties changed hands in Scullin, which puts it as the 56th most active market in ACT when comparing the number of sales per suburb.