Phillip has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -12.48% to date .
Taking the average capital gain, or increase in median house value, Phillip,2606 has racked up an average of -12.48% over the period. This ranks it number 966th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Phillip should be aiming for at least -1.69% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $440 weekly from the median priced house in this suburb.