At number 2475th in the list of Australian suburbs ordered by increase in median house value over the last year, Page, 2614 is in the BOTTOM 50% with a property value increase of -1.61% recorded in median house prices.
Across a shorter period, Page, 2614 has seen a median price increase of -0.33% over the last quarter.
The ACT suburb of Page, 2614 is in the Unincorporated ACT local government area.
If you compare the increase in value of investment property in Page, 2614 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -9.41%.
Taking the average capital gain, or increase in median house value, Page,2614 has racked up an average of -9.41% over the period. This ranks it number 1240th in the whole country for real estate investors looking at median house price increases.
Advertised rents are around the $440 mark per week – giving a return of 5.94% based on the median price in Suburb
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As a residential suburb of the Belconnen region, Page has certainly felt the effects of the district’s rise. Growth reached almost 10% in the previous year, bumping the median unit price past $430,000.
The suburb honours the country’s scientists, naming streets after notable personalities in this field. It also draws interest mainly for its ideal position beside the suburb of Belconnen, bringing Page residents within reach of amenities such as the Belconnen Town Centre, Lake Ginniderra, parks, ovals and schools.
Other amenities, such as the major shopping hub Jamison Centre, can be found in neighbouring suburbs Macquarie and Hawker, along with sports facilities. Page is also less than 20 minutes from Canberra itself via Belconnen Way and Barry Drive, making it the perfect suburb for employees in the city. Daily buses also bring commuters to and from the CBD.