Turner is in the bottom 10% in ACT when comparing median price capital growth over the last year. Turner gave property investors a dismal capital gain figure when compared to the rest of the state, with -17.78%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Turner has fallen somewhat when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Turner are currently offering property investors an average price cut of -3.94% below the asking price at the moment.
Property investors should expect to get $510 weekly from the median priced house in this suburb.