Harrison is in the bottom 30% in ACT when comparing median price capital growth over the last year. Harrison gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.40%.
The five-year average increase in median property values for Harrison,2914 has given property investors a potential capital gain of 31.38% across each of those five years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.38% offered to property buyers. Sellers in Harrison itself are offering an average vendor discount of -2.63% to real estate investors.
Using the current median advertised rental of $577.5 and the average annual increase in value of a median property of 3.96%, investors should hope to achieve an overall return of 4.86%
Giving property investors a a poor capital gain of -9.19% for the last year, Harrison, 2914 is the 1539th highest performer in Australia in this respect.
Over the longer term, Harrison has seen property prices show investors a -2.24% return over the last 3 years. This is worse than over the last 12 months
The ACT suburb of Harrison, 2914 is in the Unincorporated ACT local government area.