Investment property in Hughes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.85%
If we look at median property appreciation over just the last three months, Hughes has given property investors a paper return of 0.00%. This puts Suburb as 44 on a list of fastest fasting appreciating suburbs in ACT
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 Hughes, 2605. Typically our figures indicate that -0.61% is being offered, which puts this ACT suburb at 3760th most discounted overall in Australia.
Using the current median advertised rental of $560 and the average annual increase in value of a median property of 4.28%, investors should hope to achieve an overall return of 3.20%
Hughes is in the bottom 30% in ACT when comparing median price capital growth over the last year. Hughes gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.65%.
Using the current median advertised rental of $310 and the average annual increase in value of a median property of 16.02%, investors should hope to achieve an overall return of 7.43%