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 6.22%.
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.
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 -0.53% is being offered, which puts this ACT suburb at 4163th most discounted overall in Australia.
On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.
With the median price for a house in Curtin being $905000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 3.56%
If you compare the increase in value of investment property in Curtin, 2605 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -10.87%.
Over the longer term, Curtin has seen property prices show investors a -30.45% return over the last 3 years. This is an improvement over the last 12 months
Our latest figures would indicate that property sellers in Curtin are currently offering property investors an average price cut of -6.67% below the asking price at the moment.