Investment property in Ngunnawal 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 4.25%
If we look at median property appreciation over just the last three months, Ngunnawal has given property investors a paper return of 0.31%. This puts Suburb as 68 on a list of fastest fasting appreciating suburbs in ACT
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.09% offered to property buyers. Sellers in Ngunnawal itself are offering an average vendor discount of -3.26% to real estate investors.
At number 826 in a list of fastest selling suburbs, Ngunnawal is in the TOP 30% of suburbs in Australia with an average of days on market 56 for properties listed there.
Using the current median advertised rental of $437.5 and the average annual increase in value of a median property of 4.03%, investors should hope to achieve an overall return of 4.69%
Ngunnawal, 2913 ranked 15th in ACT when comparing growth in median property values or capital gain over the last 12 months. Ngunnawal is one of 126 in our list for ACT
Across a shorter period, Ngunnawal, 2913 has seen a median price increase of 4.90% over the last quarter.
At number 33th of ACT’s most discounted properties, Ngunnawal is in the TOP 30% of the state/territory when listing in order of most discounted to least.
In the last year 56 properties changed hands in Ngunnawal, which puts it as the 19th most active market in ACT when comparing the number of sales per suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.51%, investors should hope to achieve an overall return of 5.40%