With a capital gain of 7.11% for the last 12 months, Isabella Plains, 2905 has performed for property investments than its average annual 4.33% property growth over the last 5 years.
While Isabella Plains,2905 ranked number 70th in ACT for increase in median house value (annualised) increase, it is ranked 62th over the last 5 years.
The most recent median price for Isabella Plains is $512000, with sellers offering an average of -3.98% off the asking price.
In the last year 48 properties changed hands in Isabella Plains, which puts it as the 30th most active market in ACT when comparing the number of sales per suburb.
With the median price for a house in Isabella Plains being $512000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.57%
If you compare the increase in value of investment property in Isabella Plains, 2905 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -2.15%.
Over the longer term, Isabella Plains has seen property prices show investors a -0.90% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Isabella Plains 2905 should be seeing an average reduction in asking price of around -2.68% . This means that Isabella Plains is holding prices well when compared to other suburbs in ACT.
On average over the past year, suburb has had 3.00 sales per month, which equates to 36 per year.
Situated 17.22km from the CBD, Isabella Plains is one of Unincorporated ACT localities in the postcode 2905.