Investment property in City 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 -10.25%
While City,2601 ranked number 38th in ACT for increase in median house value (annualised) increase, it is ranked 17th over the last 5 years.
City2601 is located in ACT which offers an average discount of -3.95% to property investors. City itself is showing figures that indicate -3.95% is the average achievable by property buyers investing in the suburb.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 6.88%, without taking into account capital value appreciation, which has been averaging out at 0.60%.