ACT has seen average median house prices change by 4.34% which means that Weston, 2611 has done well for property investors by showing a capital gain of -0.74% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Weston has increased when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Weston, 2611. Typically our figures indicate that -1.45% is being offered, which puts this ACT suburb at 3000th most discounted overall in Australia.
At number 2654 in a list of fastest selling suburbs, Weston is in the bottom 30% of suburbs in Australia with an average of days on market 86.8286 for properties listed there.
Weston, 2611’s gross rental yield is 4.27%
Weston has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 23.62% to date .
Comparing Weston,2611 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
With the median price for a house in Weston being $560000 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.09%