Property investors who have had real estate in Aranda, 2614 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.33%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Aranda has increased when compared to the 5 year average annual rate.
Often selling an investment property can take time, and in Aranda the average time real estate has been on the market is 38.5 days.
Advertised rents are around the $700 mark per week – giving a return of 3.87% based on the median price in Suburb