Investment property in Phillip has done 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 -12.69%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Phillip has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -3.15% to buyers in Phillip at the moment, which is less than average for the rest of ACT.
Often selling an investment property can take time, and in Phillip the average time real estate has been on the market is 78.6556 days.
The ACT suburb of Phillip, 2606 is in the Unincorporated ACT local government area.