At number 1995th in the list of Australian suburbs ordered by increase in median house value over the last year, Chifley, 2606 is in the top half with a property value increase of -0.79% recorded in median house prices.
If we look at median property appreciation over just the last three months, Chifley has given property investors a paper return of -1.22%. This puts Suburb as 68 on a list of fastest fasting appreciating suburbs in ACT
Chifley, 2606’s gross rental yield is 4.33%
Property value increases in Chifley have tracked higher than the ACT average of 1.33% over the last 12 months.
The five-year average increase in median property values for Chifley,2606 has given property investors a potential capital gain of -29.71% across each of those five years.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.13%, investors should hope to achieve an overall return of 6.30%