Property investors who have had real estate in City, 2601 should be ok 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 4.42%
City,2601 has offered an average of 4.42% return per annum in house price rises to property investors over the last three years.
Vendor discounting in City is giving property investors an average Vendor Discount of around -3.57%. This puts suburb at number 5th in ACT when ranking the most discounted suburbs.
Using the current median advertised rental of $595 and the average annual increase in value of a median property of 1.08%, investors should hope to achieve an overall return of 6.24%