Property value increases in Higgins have tracked close to the ACT average of 5.48% over the last 12 months.
Taking the average capital gain, or increase in median house value, Higgins,2615 has racked up an average of 6.02% over the period. This ranks it number 1317th in the whole country for real estate investors looking at median house price increases.
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Higgins, ACT – A hit with first home buyers
Median house price: $576,000
Three-year growth: 21.8%
Rental yield: 4.6%
Higgins is a suburb of Canberra that has become highly popular amongst first home buyers. It is situated 7.2km from the University of Canberra, and a bus network allows for ease of transport.
It has a local medical centre, and plenty shopping amenities are able to be reached in the nearby region. Only 4km away is Belconnen town centre, which holds a Westfield shopping complex, and Kippax Fair Shopping Centre can also be accessed in the suburb of Holt.
The suburb has a childcare centre, is close to plenty schools, and Canberra hospital is 22km away. The Molonglo River and a number of nearby nature reserves offer sweeping views along the many walking trails.