Turner has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -5.10% to date .
Over the longer term, Turner has seen property prices show investors a 0.00% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Turner should be aiming for at least -3.68% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 107 properties changed hands in Turner, which puts it as the 8th most active market in ACT when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $5520 per annum or $460 every week.