Property value increases in Ngunnawal have tracked just higher than the ACT average of 4.86% over the last 12 months.
Taking the average capital gain, or increase in median house value, Ngunnawal,2913 has racked up an average of 7.13% over the period. This ranks it number 2298th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ngunnawal, 2913. Typically our figures indicate that -2.90% is being offered, which puts this ACT suburb at 3620th most discounted overall in Australia.
In the last year 130 properties changed hands in Ngunnawal, which puts it as the 3rd most active market in ACT when comparing the number of sales per suburb.
Property investors should expect to get $420 weekly from the median priced house in this suburb.
Ngunnawal is in the TOP 20% in ACT when comparing median price capital growth over the last year. Ngunnawal gave property investors a very good capital gain figure when compared to the rest of the state, with 7.46%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ngunnawal has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Ngunnawal are currently offering property investors an average price cut of -1.70% below the asking price at the moment.
On average over the past year, suburb has had 4.00 sales per month, which equates to 48 per year.
Renters in Suburb are facing rents around $4680 per annum or $390 every week.