With a capital gain of 16.16% for the last 12 months, Scullin, 2614 has performed for property investments than its average annual 4.56% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Scullin,2614 has racked up an average of 16.16% over the period. This ranks it number 1822th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Scullin is $568000, with sellers offering an average of -3.64% off the asking price.
With the median price for a house in Scullin being $568000 and the advertised rent reaching $462.5 the gross rental yield for property investors calculates out to be 4.23%
Property investors who have had real estate in Scullin, 2614 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.84%
While Scullin,2614 ranked number 56th in ACT for increase in median house value (annualised) increase, it is ranked 40th over the last 5 years.
Our latest figures would indicate that property sellers in Scullin are currently offering property investors an average price cut of -3.54% below the asking price at the moment.
Renters in Suburb are facing rents around $4590 per annum or $382.5 every week.