ACT has seen average median house prices change by 4.46% which means that Turner, 2612 has done well for property investors by showing a capital gain of 2.20% over the last year
Over the longer term, Turner has seen property prices show investors a -1.71% return over the last 3 years. This is an improvement over the last 12 months
Renters in Suburb are facing rents around $33150 per annum or $637.5 every week.
Over the last year, property investments in Turner, 2612 have given investors a capital gain of 0.84%. This compares badly with the 2.48% for ACT as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Turner comes in at number 23th in ACT.
Property investors looking for a bargain in Turner should be aiming for at least -3.18% off the asking price, which is the average vendor discount being achieved at the moment.
Turner, 2612’s gross rental yield is 4.87%