With a capital gain of 7.64% for the last 12 months, Pearce, 2607 has performed for property investments than its average annual 4.89% property growth over the last 5 years.
A 27.36% growth in median value for property investors in Pearce,2607 puts this suburb at number 1st in terms of best performing suburbs in ACT
In the last year 27 properties changed hands in Pearce, which puts it as the 74th most active market in ACT when comparing the number of sales per suburb.
Pearce, 2607 ranked 3rd in ACT when comparing growth in median property values or capital gain over the last 12 months. Pearce is one of 126 in our list for ACT
While Pearce,2607 ranked number 5th in ACT for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Pearce is offering property investors an average of -4.10. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in ACT
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 4.41%, investors should hope to achieve an overall return of 4.17%