Property investors who have had real estate in Bonython, 2905 should be pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 11.43%
The five-year average increase in median property values for Bonython,2905 has given property investors a potential capital gain of 31.73% across each of those five years.
At number 54th of ACT’s most discounted properties, Bonython is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Situated 17.56km from the CBD, Bonython is one of Unincorporated ACT localities in the postcode 2905.
Bonython, 2905 ranked 14th in ACT when comparing growth in median property values or capital gain over the last 12 months. Bonython is one of 126 in our list for ACT
If we look at median property appreciation over just the last three months, Bonython has given property investors a paper return of 5.93%. This puts Suburb as 11 on a list of fastest fasting appreciating suburbs in ACT
Property buyers and investors in Bonython 2905 should be seeing an average reduction in asking price of around -8.93% . This means that Bonython is holding prices well when compared to other suburbs in ACT.
Situated 17.48km from the CBD, Bonython is one of Unincorporated ACT localities in the postcode 2905.
Bordering Mount Stranger, the suburb of Bonython in Tuggeranong has been enjoying gentle but steady growth over the past five years. Following a 2.4% increase in prices in the year leading up to November 2017, the median unit value has gone up to $466,000Full summary
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Dorm suburb pulls in working professionals
Median unit price: $466,000
Three-year growth: 12.6%
Rental yield: 4.8%
Bordering Mount Stranger, the suburb of Bonython in Tuggeranong has been enjoying gentle but steady growth over the past five years. Following a 2.4% increase in prices in the year leading up to November 2017, the median unit value has gone up to $466,000.
Returns for investors are fairly high at an average of 4.8%, and given Bonython’s potential for long-term growth, this could definitely draw attention from those looking to capitalise on the ACT’s rise.
Bonython Primary School is located in the heart of the suburb, and there is a childcare centre nearby. Bonython is also very close to the Tuggeranong Town Centre, which brings in many of the working population in this town. The town centre also serves as Bonython’s main commercial and retail hub. Close