City, 2601 ranked 32th in ACT when comparing growth in median property values or capital gain over the last 12 months. City is one of 126 in our list for ACT
If we look at median property appreciation over just the last three months, City has given property investors a paper return of -1.08%. This puts Suburb as 42 on a list of fastest fasting appreciating suburbs in ACT
Vendor discounting in City is giving property investors an average Vendor Discount of around -4.78%. This puts suburb at number 7th in ACT when ranking the most discounted suburbs.
On average over the past year, suburb has had 6.83 sales per month, which equates to 82 per year.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 0.42%, investors should hope to achieve an overall return of 6.78%