Property value increases in Deakin have tracked higher than the ACT average of 7.41% over the last 12 months.
Across a shorter period, Deakin, 2600 has seen a median price increase of 12.50% over the last quarter.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.63% offered to property buyers. Sellers in Deakin itself are offering an average vendor discount of -6.92% to real estate investors.
Situated 4.90km from the CBD, Deakin is one of Unincorporated ACT localities in the postcode 2600.
Investment property in Deakin has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.43%
If we look at median property appreciation over just the last three months, Deakin has given property investors a paper return of -1.23%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in ACT