Giving property investors a an unimpressive capital gain of -2.03% for the last year, Turner, 2612 is the 3114th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Turner has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 6.41%, investors should hope to achieve an overall return of 2.16%
Turner is an average performer in ACT when comparing median price capital growth over the last year. Turner gave property investors a average capital gain figure when compared to the rest of the state, with 0.98%.
A 10.76% growth in median value for property investors in Turner,2612 puts this suburb at number 34th in terms of best performing suburbs in ACT
At number 13th of ACT’s most discounted properties, Turner is in the bottom 40% of the state/territory when listing in order of most discounted to least.
The ACT suburb of Turner, 2612 is in the Unincorporated ACT local government area.