Pearce has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 22.78% to date .
Pearce,2607 was ranked 954 in Australia by increase in median property value over the quarter.
At number 3491 in a list of fastest selling suburbs, Pearce is in the bottom 10% of suburbs in Australia with an average of days on market 142.545 for properties listed there.
Using the current median advertised rental of $515 and the average annual increase in value of a median property of 4.27%, investors should hope to achieve an overall return of 2.82%
Investment property in Pearce has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.01%
The five-year average increase in median property values for Pearce,2607 has given property investors a potential capital gain of 22.88% across each of those five years.
In the last year 20 properties changed hands in Pearce, which puts it as the 39th most active market in ACT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $22880 per annum or $440 every week.