Property investors who have had real estate in Ngunnawal, 2913 should be 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 16.67%
Ngunnawal,2913 has offered an average of 16.67% return per annum in house price rises to property investors over the last three years.
The most recent median price for Ngunnawal is $490000, with sellers offering an average of -3.02% off the asking price.
Advertised rents are around the $410 mark per week – giving a return of 4.35% based on the median price in Suburb
Property value increases in Ngunnawal have tracked just higher than the ACT average of -1.01% over the last 12 months.
If we look at median property appreciation over just the last three months, Ngunnawal has given property investors a paper return of 0.99%. This puts Suburb as 29 on a list of fastest fasting appreciating suburbs in ACT
Property investors looking for a bargain in Ngunnawal should be aiming for at least -2.70% off the asking price, which is the average vendor discount being achieved at the moment.