ACT has seen average median house prices change by 7.41% which means that Downer, 2602 has done well for property investors by showing a capital gain of 9.02% over the last year
Comparing Downer,2602 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -1.29% to buyers in Downer at the moment, which is less than average for the rest of ACT.
Downer is 67th on a list of best yielding suburbs for rents in ACT with a 3.43% return
With a capital gain of -15.77% for the last 12 months, Downer, 2602 has performed for property investments than its average annual 11.78% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Downer has given property investors a paper return of 4.04%. This puts Suburb as 13 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Downer are currently offering property investors an average price cut of -1.57% below the asking price at the moment.
Property investors should expect to get $380 weekly from the median priced house in this suburb.