With a capital gain of -3.85% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 4.16% property growth over the last 5 years.
The five-year average increase in median property values for Chifley,2606 has given property investors a potential capital gain of 28.21% across each of those five years.
Property investors looking for a bargain in Chifley should be aiming for at least -2.88% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 4.16%, investors should hope to achieve an overall return of 3.81%
Chifley, 2606 ranked 36th in ACT when comparing growth in median property values or capital gain over the last 12 months. Chifley is one of 126 in our list for ACT
Chifley,2606 has offered an average of 1.75% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Chifley is offering property investors an average of -3.45. This rate of discount on properties puts Suburb at number 53th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.
Renters in Suburb are facing rents around $19890 per annum or $382.5 every week.