Ainslie has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -7.00% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Ainslie comes in at number 67th in ACT.
Using the current median advertised rental of $627.5 and the average annual increase in value of a median property of 6.67%, investors should hope to achieve an overall return of 3.29%
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A combination of factors makes Ainslie a desirable suburb, such as shops, cafes and restaurants all being within walking distance. The suburb is bordered by Canberra Nature Park and Mount Ainslie to the east. Combine this with its parks, heritage buildings, proximity to the city and village atmosphere and you’ve got one of Canberra’s most sought after suburbs.
The rental market in Ainslie is super tight, with SQM Research recording monthly vacancy rates that have been consistently below 1% for the past five years. Renters make up just over a third of the suburb’s population base according to Census data, and SQM expects this figure to remain fairly steady over the next five years.