Bonython is an average performer in ACT when comparing median price capital growth over the last year. Bonython gave property investors a good capital gain figure when compared to the rest of the state, with 7.50%.
A 21.44% growth in median value for property investors in Bonython,2905 puts this suburb at number 17th in terms of best performing suburbs in ACT
Renters in Suburb are facing rents around $5880 per annum or $490 every week.
Giving property investors a an unimpressive capital gain of 0.97% for the last year, Bonython, 2905 is the 1053th highest performer in Australia in this respect.
The five-year average increase in median property values for Bonython,2905 has given property investors a potential capital gain of 11.18% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Bonython is offering property investors an average of -3.53. This rate of discount on properties puts Suburb at number 19th in terms of most discounted suburbs in ACT
At number 932 in a list of fastest selling suburbs, Bonython is in the bottom 40% of suburbs in Australia with an average of days on market 82.14 for properties listed there.
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