Over the last year, property investments in Chifley, 2606 have given investors a capital gain of -3.85%. This compares very badly with the 4.46% for ACT as a whole.
Comparing Chifley,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Chifley 2606 should be seeing an average reduction in asking price of around -2.88% . This means that Chifley is holding prices well when compared to other suburbs in ACT.
In the last year 40 properties changed hands in Chifley, which puts it as the 58th most active market in ACT when comparing the number of sales per suburb.
Chifley is 68th on a list of best yielding suburbs for rents in ACT with a 3.81% return
ACT has seen average median house prices change by 1.93% which means that Chifley, 2606 has done well for property investors by showing a capital gain of 5.13% over the last year
While Chifley,2606 ranked number 20th in ACT for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.
Vendor discounting in Chifley is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 50th in ACT when ranking the most discounted suburbs.
Property investors should expect to get $390 weekly from the median priced house in this suburb.