At number 604th in the list of Australian suburbs ordered by increase in median house value over the last year, Pearce, 2607 is in the top 20% with a property value increase of 10.57% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Pearce,2607 has racked up an average of 10.57% over the period. This ranks it number 1623th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 2.58 sales per month, which equates to 31 per year.
Pearce, 2607’s gross rental yield is 3.41%
Pearce is in the TOP 10% in ACT when comparing median price capital growth over the last year. Pearce gave property investors a very good capital gain figure when compared to the rest of the state, with 21.90%.
Taking the average capital gain, or increase in median house value, Pearce,2607 has racked up an average of 21.90% over the period. This ranks it number 333th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Pearce is giving property investors an average Vendor Discount of around -2.90%. This puts suburb at number 31th in ACT when ranking the most discounted suburbs.
Advertised rents are around the $440 mark per week – giving a return of 3.97% based on the median price in Suburb