Dunlop is an average performer in ACT when comparing median price capital growth over the last year. Dunlop gave property investors a average capital gain figure when compared to the rest of the state, with 4.71%.
A 5.37% growth in median value for property investors in Dunlop,2615 puts this suburb at number 46th in terms of best performing suburbs in ACT
At number 52th of ACT’s most discounted properties, Dunlop is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Dunlop the average time real estate has been on the market is 58.91 days.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 3.74%.
Property investors who have had real estate in Dunlop, 2615 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 11.25%
Dunlop,2615 was ranked 1363 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Dunlop are currently offering property investors an average price cut of -8.37% below the asking price at the moment.
With the median price for a house in Dunlop being $425600 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 4.89%