Property investors who have had real estate in Amaroo, 2914 should be relatively 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 10.24%
Across a shorter period, Amaroo, 2914 has seen a median price increase of 3.74% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Amaroo is offering property investors an average of -3.89. This rate of discount on properties puts Suburb at number 64th in terms of most discounted suburbs in ACT
A $540 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 4.76%.
Giving property investors a a stable capital gain of 10.29% for the last year, Amaroo, 2914 is the 450th highest performer in Australia in this respect.
The five-year average increase in median property values for Amaroo,2914 has given property investors a potential capital gain of 5.37% across each of those five years.
The most recent median price for Amaroo is $461000, with sellers offering an average of -2.33% off the asking price.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
Renters in Suburb are facing rents around $5460 per annum or $455 every week.