Over the last year, property investments in Palmerston, 2913 have given investors a capital gain of 3.04%. This compares averagely with the 4.86% for ACT as a whole.
A 21.82% growth in median value for property investors in Palmerston,2913 puts this suburb at number 60th in terms of best performing suburbs in ACT
Palmerston, 2913 is offering ACT ‘s 61th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this ACT.
Giving property investors a a stable capital gain of 7.72% for the last year, Palmerston, 2913 is the 501th highest performer in Australia in this respect.
The five-year average increase in median property values for Palmerston,2913 has given property investors a potential capital gain of 2.71% across each of those five years.
The most recent median price for Palmerston is $397500, with sellers offering an average of -2.21% off the asking price.
Often selling an investment property can take time, and in Palmerston the average time real estate has been on the market is 67.8 days.
A $385 per week rent on the median house gives suburb investors a gross yield of circa 5.04%, without taking into account capital value appreciation, which has been averaging out at 3.12%.