Over the last year, property investments in Ngunnawal, 2913 have given investors a capital gain of 3.81%. This compares badly with the 7.78% for ACT as a whole.
If we look at median property appreciation over just the last three months, Ngunnawal has given property investors a paper return of 1.18%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in ACT
Property buyers and investors in Ngunnawal 2913 should be seeing an average reduction in asking price of around -3.50% . This means that Ngunnawal is holding prices well when compared to other suburbs in ACT.
In the last year 144 properties changed hands in Ngunnawal, which puts it as the 2nd most active market in ACT when comparing the number of sales per suburb.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.05%, investors should hope to achieve an overall return of 4.54%
With a capital gain of 12.06% for the last 12 months, Ngunnawal, 2913 has performed for property investments than its average annual 2.48% property growth over the last 5 years.
The five-year average increase in median property values for Ngunnawal,2913 has given property investors a potential capital gain of 6.76% across each of those five years.
Property buyers and investors in Ngunnawal 2913 should be seeing an average reduction in asking price of around -3.20% . This means that Ngunnawal is holding prices well when compared to other suburbs in ACT.
On average over the past year, suburb has had 5.17 sales per month, which equates to 62 per year.