Property investors who have had real estate in Curtin, 2605 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.19%
While Curtin,2605 ranked number 45th in ACT for increase in median house value (annualised) increase, it is ranked 36th over the last 5 years.
Our latest figures would indicate that property sellers in Curtin are currently offering property investors an average price cut of -4.51% below the asking price at the moment.
A $620 per week rent on the median house gives suburb investors a gross yield of circa 3.19%, without taking into account capital value appreciation, which has been averaging out at 4.16%.
Curtin is in the bottom 20% in ACT when comparing median price capital growth over the last year. Curtin gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.89%.
Curtin,2605 was ranked 1638 in Australia by increase in median property value over the quarter.
At number 957 in a list of fastest selling suburbs, Curtin is in the bottom 30% of suburbs in Australia with an average of days on market 82.6667 for properties listed there.
Curtin is 3rd on a list of best yielding suburbs for rents in ACT with a 7.20% return