ACT has seen average median house prices change by 5.15% which means that Calwell, 2905 has done well for property investors by showing a capital gain of 2.48% over the last year
The five-year average increase in median property values for Calwell,2905 has given property investors a potential capital gain of 7.48% across each of those five years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Calwell itself are offering an average vendor discount of -3.28% to real estate investors.
Advertised rents are around the $460 mark per week – giving a return of 4.62% based on the median price in Suburb
Property value increases in Calwell have tracked close to the ACT average of -0.94% over the last 12 months.
If we look at median property appreciation over just the last three months, Calwell has given property investors a paper return of 1.24%. This puts Suburb as 28 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Calwell are currently offering property investors an average price cut of -4.01% below the asking price at the moment.
Using the current median advertised rental of $380 and the average annual increase in value of a median property of 2.80%, investors should hope to achieve an overall return of 5.40%