Property investors who have had real estate in Gordon, 2906 should be ok 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 5.16%
If we look at median property appreciation over just the last three months, Gordon has given property investors a paper return of 1.82%. This puts Suburb as 26 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Gordon are currently offering property investors an average price cut of -4.36% below the asking price at the moment.
At number 1846 in a list of fastest selling suburbs, Gordon is just in the top half of suburbs in Australia with an average of days on market 78.13 for properties listed there.
Gordon, 2906’s gross rental yield is 4.92%
Investment property in Gordon has done pretty 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 1.35%
When looking at the potential capital gains offered to property investors over the last 3 years, Gordon comes in at number 24th in ACT.
Property buyers and investors in Gordon 2906 should be seeing an average reduction in asking price of around -4.81% . This means that Gordon is holding prices well when compared to other suburbs in ACT.
The ACT suburb of Gordon, 2906 is in the Unincorporated ACT local government area.