Over the last year, property investments in Phillip, 2606 have given investors a capital gain of 28.77%. This compares very favourably with the 4.46% for ACT as a whole.
Over the longer term, Phillip has seen property prices show investors a -3.23% return over the last 3 years. This is an improvement over the last 12 months
Phillip, 2606’s gross rental yield is 5.78%
Phillip, 2606 ranked 11th in ACT when comparing growth in median property values or capital gain over the last 12 months. Phillip is one of 126 in our list for ACT
The five-year average increase in median property values for Phillip,2606 has given property investors a potential capital gain of 9.87% across each of those five years.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.62% offered to property buyers. Sellers in Phillip itself are offering an average vendor discount of -3.07% to real estate investors.
Advertised rents are around the $420 mark per week – giving a return of 5.68% based on the median price in Suburb