Turner is in the TOP 10% in ACT when comparing median price capital growth over the last year. Turner gave property investors a very good capital gain figure when compared to the rest of the state, with 11.48%.
Taking the average capital gain, or increase in median house value, Turner,2612 has racked up an average of 11.48% over the period. This ranks it number 1128th in the whole country for real estate investors looking at median house price increases.
A $620 per week rent on the median house gives suburb investors a gross yield of circa 2.14%, without taking into account capital value appreciation, which has been averaging out at 7.89%.
ACT has seen average median house prices change by 0.38% which means that Turner, 2612 has done well for property investors by showing a capital gain of -15.15% over the last year
Taking the average capital gain, or increase in median house value, Turner,2612 has racked up an average of -15.15% over the period. This ranks it number 1213th in the whole country for real estate investors looking at median house price increases.
At number 12th of ACT’s most discounted properties, Turner is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 90 properties changed hands in Turner, which puts it as the 7th most active market in ACT when comparing the number of sales per suburb.