Property investors who have had real estate in Weston, 2611 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.65%
If we look at median property appreciation over just the last three months, Weston has given property investors a paper return of 5.65%. This puts Suburb as 11 on a list of fastest fasting appreciating suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Weston is offering property investors an average of -4.08. This rate of discount on properties puts Suburb at number 16th in terms of most discounted suburbs in ACT
Residents and property investors in Weston have been waiting around 68.5366 days to sell a property.
Using the current median advertised rental of $550 and the average annual increase in value of a median property of 4.36%, investors should hope to achieve an overall return of 4.03%
At number 300th in the list of Australian suburbs ordered by increase in median house value over the last year, Weston, 2611 is in the top 20% with a property value increase of 5.75% recorded in median house prices.
While Weston,2611 ranked number 57th in ACT for increase in median house value (annualised) increase, it is ranked 34th over the last 5 years.
Weston is 53th on a list of best yielding suburbs for rents in ACT with a 4.95% return