If you compare the increase in value of investment property in Weston, 2611 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was 1.61%.
When looking at the potential capital gains offered to property investors over the last 3 years, Weston comes in at number 80th in ACT.
Property investors looking for a bargain in Weston should be aiming for at least -1.94% off the asking price, which is the average vendor discount being achieved at the moment.
A $550 per week rent on the median house gives suburb investors a gross yield of circa 3.94%, without taking into account capital value appreciation, which has been averaging out at 4.42%.
Investment property in Weston has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -10.49%
The five-year average increase in median property values for Weston,2611 has given property investors a potential capital gain of 8.79% across each of those five years.
Situated 7.03km from the CBD, Weston is one of Unincorporated ACT localities in the postcode 2611.