Investment property in Gordon has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.41%
Comparing Gordon,2906 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -3.39% to buyers in Gordon at the moment, which is less than average for the rest of ACT.
Using the current median advertised rental of $520 and the average annual increase in value of a median property of 3.52%, investors should hope to achieve an overall return of 4.66%
Property investors who have had real estate in Gordon, 2906 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.84%
Taking the average capital gain, or increase in median house value, Gordon,2906 has racked up an average of 7.84% over the period. This ranks it number 912th in the whole country for real estate investors looking at median house price increases.
Gordon2906 is located in ACT which offers an average discount of -4.25% to property investors. Gordon itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.
At number 974 in a list of fastest selling suburbs, Gordon is in the bottom 40% of suburbs in Australia with an average of days on market 89.41 for properties listed there.