Mckellar has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 10.83% to date .
Comparing Mckellar,2617 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Mckellar should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.
A $600 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 4.88%.