Over the last year, property investments in Ngunnawal, 2913 have given investors a capital gain of 5.63%. This compares averagely with the 6.73% for ACT as a whole.
Ngunnawal,2913 has offered an average of 5.63% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -3.06% to buyers in Ngunnawal at the moment, which is less than average for the rest of ACT.
Often selling an investment property can take time, and in Ngunnawal the average time real estate has been on the market is 61.09 days.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.28%, investors should hope to achieve an overall return of 4.59%
With a capital gain of 12.79% for the last 12 months, Ngunnawal, 2913 has performed for property investments than its average annual 2.69% property growth over the last 5 years.
Ngunnawal,2913 has offered an average of 12.79% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Ngunnawal should be aiming for at least -2.82% off the asking price, which is the average vendor discount being achieved at the moment.
A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.42%, without taking into account capital value appreciation, which has been averaging out at 2.69%.