Over the last year, property investments in Bonython, 2905 have given investors a capital gain of 18.20%. This compares very favourably with the 5.75% for ACT as a whole.
While Bonython,2905 ranked number 23th in ACT for increase in median house value (annualised) increase, it is ranked 63th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -4.22. This rate of discount on properties puts Suburb at number 38th in terms of most discounted suburbs in ACT
The ACT suburb of Bonython, 2905 is in the Unincorporated ACT local government area.
Bonython has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 7.62% to date .
Comparing Bonython,2905 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Bonython should be aiming for at least -4.74% off the asking price, which is the average vendor discount being achieved at the moment.
Bonython, 2905’s gross rental yield is 4.76%