If you compare the increase in value of investment property in Bonython, 2905 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 4.96%.
The five-year average increase in median property values for Bonython,2905 has given property investors a potential capital gain of 12.73% across each of those five years.
Property buyers and investors in Bonython 2905 should be seeing an average reduction in asking price of around -3.33% . This means that Bonython is holding prices well when compared to other suburbs in ACT.
In the last year 26 properties changed hands in Bonython, which puts it as the 74th most active market in ACT when comparing the number of sales per suburb.
Bonython is 33th on a list of best yielding suburbs for rents in ACT with a 4.19% return
Investment property in Bonython has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.82%
While Bonython,2905 ranked number 46th in ACT for increase in median house value (annualised) increase, it is ranked 40th over the last 5 years.
Vendor discounting in Bonython is giving property investors an average Vendor Discount of around -5.28%. This puts suburb at number 9th in ACT when ranking the most discounted suburbs.
On average over the past year, suburb has had 3.75 sales per month, which equates to 45 per year.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 3.94%, investors should hope to achieve an overall return of 4.76%