Suburb Profile Report for Wright ACT (2611)

Wright House: Median price $827,500, Annual capital growth 9.86%, Number of sales 20, Weekly median advertised rent N/A

Wright Unit: Median price $412,000, Annual capital growth -0.74%, Number of sales 34, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Wright have tracked just lower than the ACT average of 7.41% over the last 12 months.

Situated 9.91km from the CBD, Wright is one of Unincorporated ACT localities in the postcode 2611.

Giving property investors a a stable capital gain of 9.36% for the last year, Wright, 2611 is the 539th highest performer in Australia in this respect.

Wright,2611 has offered an average of 9.36% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -2.46% to buyers in Wright at the moment, which is less than average for the rest of ACT.

Residents and property investors in Wright have been waiting around 77.8 days to sell a property.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 5.30%, without taking into account capital value appreciation, which has been averaging out at -0.74%.

Metrics i HOUSE UNIT
$827,500 $412,000
-0.30% 0.86%
5.89% 9.36%
9.86% -0.74%
N/A $420
20 34
N/A 5.30%
N/A 77.8

Source: CoreLogic

DSR Score for property investment : Good (U), Balanced (H)
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