Hackett is in the TOP 20% in ACT when comparing median price capital growth over the last year. Hackett gave property investors a very good capital gain figure when compared to the rest of the state, with 9.29%.
The five-year average increase in median property values for Hackett,2602 has given property investors a potential capital gain of 37.01% across each of those five years.
A $630 per week rent on the median house gives suburb investors a gross yield of circa 3.57%, without taking into account capital value appreciation, which has been averaging out at 4.59%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hackett has fallen somewhat when compared to the 5 year average annual rate.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 1.42%, investors should hope to achieve an overall return of 6.42%