If you compare the increase in value of investment property in Hackett, 2602 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 9.41%.
Hackett,2602 has offered an average of 9.41% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Hackett should be aiming for at least -6.67% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Hackett have been waiting around 64 days to sell a property.
Hackett, 2602’s gross rental yield is 3.74%
Hackett has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -3.11% to date .
Taking the average capital gain, or increase in median house value, Hackett,2602 has racked up an average of -3.11% over the period. This ranks it number 1720th in the whole country for real estate investors looking at median house price increases.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 6.13%, without taking into account capital value appreciation, which has been averaging out at 9.17%.