Investment property in Conder has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.38%
A 7.11% growth in median value for property investors in Conder,2906 puts this suburb at number 52th in terms of best performing suburbs in ACT
Property buyers and investors in Conder 2906 should be seeing an average reduction in asking price of around -2.56% . This means that Conder is holding prices well when compared to other suburbs in ACT.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
Using the current median advertised rental of $422.5 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 3.99%
If you compare the increase in value of investment property in Conder, 2906 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -15.52%.
The five-year average increase in median property values for Conder,2906 has given property investors a potential capital gain of -16.34% across each of those five years.
On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.