Curtin is an average performer in ACT when comparing median price capital growth over the last year. Curtin gave property investors a average capital gain figure when compared to the rest of the state, with 6.76%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Curtin has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Curtin should be aiming for at least -4.81% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 88 properties changed hands in Curtin, which puts it as the 14th most active market in ACT when comparing the number of sales per suburb.
The ACT suburb of Curtin, 2605 is in the Unincorporated ACT local government area.
With a capital gain of 3.58% for the last 12 months, Curtin, 2605 has performed for property investments than its average annual -1.96% property growth over the last 5 years.
Across a shorter period, Curtin, 2605 has seen a median price increase of -8.50% over the last quarter.
At number 865 in a list of fastest selling suburbs, Curtin is in the bottom 40% of suburbs in Australia with an average of days on market 79.1 for properties listed there.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 7.01%, without taking into account capital value appreciation, which has been averaging out at -1.96%.