Investment property in Curtin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 17.03%
Across a shorter period, Curtin, 2605 has seen a median price increase of 6.91% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Curtin, 2605. Typically our figures indicate that -4.61% is being offered, which puts this ACT suburb at 1198th most discounted overall in Australia.
In the last year 89 properties changed hands in Curtin, which puts it as the 16th most active market in ACT when comparing the number of sales per suburb.
Advertised rents are around the $630 mark per week – giving a return of 3.03% based on the median price in Suburb
ACT has seen average median house prices change by 7.32% which means that Curtin, 2605 has done well for property investors by showing a capital gain of 12.45% over the last year
Over the longer term, Curtin has seen property prices show investors a -6.88% return over the last 3 years. This is an improvement over the last 12 months
Often selling an investment property can take time, and in Curtin the average time real estate has been on the market is 79.3077 days.
Using the current median advertised rental of $375 and the average annual increase in value of a median property of -7.40%, investors should hope to achieve an overall return of 6.54%