Property value increases in Watson have tracked close to the ACT average of 4.34% over the last 12 months.
Watson,2602 has offered an average of 1.74% return per annum in house price rises to property investors over the last three years.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 4.93%, investors should hope to achieve an overall return of 3.79%
Giving property investors a an average capital gain of 0.41% for the last year, Watson, 2602 is the 684th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Watson comes in at number 52th in ACT.
Our latest figures would indicate that property sellers in Watson are currently offering property investors an average price cut of -2.04% below the asking price at the moment.
The ACT suburb of Watson, 2602 is in the Unincorporated ACT local government area.