ACT has seen average median house prices change by 5.75% which means that Theodore, 2905 has done well for property investors by showing a capital gain of 7.68% over the last year
Across a shorter period, Theodore, 2905 has seen a median price increase of 0.29% over the last quarter.
Property buyers and investors in Theodore 2905 should be seeing an average reduction in asking price of around -4.99% . This means that Theodore is holding prices well when compared to other suburbs in ACT.
Theodore is 13th on a list of best yielding suburbs for rents in ACT with a 4.57% return
If you compare the increase in value of investment property in Theodore, 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 2.24%.
Theodore,2905 has offered an average of 2.24% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Theodore should be aiming for at least -3.05% off the asking price, which is the average vendor discount being achieved at the moment.
At number 239 in a list of fastest selling suburbs, Theodore is in the TOP 20% of suburbs in Australia with an average of days on market 49.64 for properties listed there.
With the median price for a house in Theodore being $388500 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.22%