Over the last year, property investments in Turner, 2612 have given investors a capital gain of 8.57%. This compares very favourably with the 4.81% for ACT as a whole.
Using the current median advertised rental of $610 and the average annual increase in value of a median property of 6.48%, investors should hope to achieve an overall return of 2.09%
Giving property investors a an unimpressive capital gain of -3.34% for the last year, Turner, 2612 is the 1044th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Turner,2612 has racked up an average of -3.34% over the period. This ranks it number 962th in the whole country for real estate investors looking at median house price increases.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.95% offered to property buyers. Sellers in Turner itself are offering an average vendor discount of -4.30% to real estate investors.
At number 640 in a list of fastest selling suburbs, Turner is just in the top half of suburbs in Australia with an average of days on market 75.1829 for properties listed there.