Dickson has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 6.58% to date .
Over the longer term, Dickson has seen property prices show investors a 24.62% return over the last 3 years. This is worse than over the last 12 months
Dickson, 2602 is offering ACT ‘s 54th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this ACT.
Residents and property investors in Dickson have been waiting around 19.8 days to sell a property.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.53%, without taking into account capital value appreciation, which has been averaging out at 6.17%.
Giving property investors a a stable capital gain of 12.02% for the last year, Dickson, 2602 is the 418th highest performer in Australia in this respect.
Dickson,2602 has offered an average of 12.02% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -3.65% to buyers in Dickson at the moment, which is less than average for the rest of ACT.
At number 335 in a list of fastest selling suburbs, Dickson is in the bottom 20% of suburbs in Australia with an average of days on market 77.84 for properties listed there.
With the median price for a house in Dickson being $422300 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.68%