At number 2670th in the list of Australian suburbs ordered by increase in median house value over the last year, Page, 2614 is in the BOTTOM 40% with a property value increase of -2.44% recorded in median house prices.
Across a shorter period, Page, 2614 has seen a median price increase of 0.00% over the last quarter.
A $505 per week rent on the median house gives suburb investors a gross yield of circa 4.38%, without taking into account capital value appreciation, which has been averaging out at 3.57%.
Page is in the TOP 10% in ACT when comparing median price capital growth over the last year. Page gave property investors a very good capital gain figure when compared to the rest of the state, with 10.13%.
If we look at median property appreciation over just the last three months, Page has given property investors a paper return of 4.69%. This puts Suburb as 6 on a list of fastest fasting appreciating suburbs in ACT
In the last year 16 properties changed hands in Page, which puts it as the 47th most active market in ACT when comparing the number of sales per suburb.
Situated 8.27km from the CBD, Page is one of Unincorporated ACT localities in the postcode 2614.
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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.