ACT has seen average median house prices change by 6.29% which means that Garran, 2605 has done well for property investors by showing a capital gain of 16.67% over the last year
If we look at median property appreciation over just the last three months, Garran has given property investors a paper return of 3.86%. This puts Suburb as 17 on a list of fastest fasting appreciating suburbs in ACT
Property buyers and investors in Garran 2605 should be seeing an average reduction in asking price of around -0.33% . This means that Garran is holding prices well when compared to other suburbs in ACT.
Garran, 2605 ranked 37th in ACT when comparing growth in median property values or capital gain over the last 12 months. Garran is one of 126 in our list for ACT
Taking the average capital gain, or increase in median house value, Garran,2605 has racked up an average of 1.36% over the period. This ranks it number 1321th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Garran is $560000, with sellers offering an average of -1.62% off the asking price.
At number 648 in a list of fastest selling suburbs, Garran is just in the top half of suburbs in Australia with an average of days on market 65.64 for properties listed there.
Situated 6.91km from the CBD, Garran is one of Unincorporated ACT localities in the postcode 2605.