Over the last year, property investments in Bonython, 2905 have given investors a capital gain of 11.26%. This compares very favourably with the 6.96% for ACT as a whole.
Property buyers and investors in Bonython 2905 should be seeing an average reduction in asking price of around -3.56% . This means that Bonython is holding prices well when compared to other suburbs in ACT.
At number 2047 in a list of fastest selling suburbs, Bonython is just in the bottom half of suburbs in Australia with an average of days on market 82.88 for properties listed there.
Using the current median advertised rental of $490 and the average annual increase in value of a median property of 4.39%, investors should hope to achieve an overall return of 4.18%
Investment property in Bonython has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.10%
A -3.16% growth in median value for property investors in Bonython,2905 puts this suburb at number 43th in terms of best performing suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -4.25. This rate of discount on properties puts Suburb at number 11th in terms of most discounted suburbs in ACT
At number 334 in a list of fastest selling suburbs, Bonython is in the TOP 30% of suburbs in Australia with an average of days on market 54.34 for properties listed there.
Property investors should expect to get $420 weekly from the median priced house in this suburb.