If you compare the increase in value of investment property in Scullin, 2614 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was 2.56%.
If we look at median property appreciation over just the last three months, Scullin has given property investors a paper return of 2.56%. This puts Suburb as 55 on a list of fastest fasting appreciating suburbs in ACT
On average over the past year, suburb has had 3.67 sales per month, which equates to 44 per year.
A $515 per week rent on the median house gives suburb investors a gross yield of circa 4.46%, without taking into account capital value appreciation, which has been averaging out at 3.24%.
ACT has seen average median house prices change by 3.99% which means that Scullin, 2614 has done well for property investors by showing a capital gain of -4.87% over the last year
Scullin,2614 has offered an average of -4.87% return per annum in house price rises to property investors over the last three years.