Chisholm has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 12.26% to date .
A 29.49% growth in median value for property investors in Chisholm,2905 puts this suburb at number 6th in terms of best performing suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Chisholm is offering property investors an average of -3.57. This rate of discount on properties puts Suburb at number 40th in terms of most discounted suburbs in ACT
Residents and property investors in Chisholm have been waiting around 54.12 days to sell a property.
The ACT suburb of Chisholm, 2905 is in the Unincorporated ACT local government area.
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September 2017
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Named for renowned humanitarian Caroline Chisholm, the suburb of Chisholm in Canberra heroes women through its street names.Full summary
Competition is high with low stock
Postcode: 2905
Median house price: $512,500
Stock on market: -28.6%
12-month growth: 5.1%
Named for renowned humanitarian Caroline Chisholm, the suburb of Chisholm in Canberra heroes women through its street names.
As demand climbs in the ACT, this suburb has been riding the momentum by keeping supply low in order to spur competition – an effective tactic as house prices rose by 5.1% over the previous year leading up to July 2017. Even with the median value surpassing $500,000, the average discount rate is a very low 2.3%. Demand could be in part due to investors coming in as well, attracted by the high average discount rate of 4.6%
Chisholm is an education hub, as the site of both the junior and senior campuses of Caroline Chisholm School. Shops, supermarkets and childcare services are available at Chisholm Group Centre. Residents also enjoy playing sports at the local neighbourhood oval, tennis club and playing fields.
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