ACT has seen average median house prices change by 5.35% which means that Richardson, 2905 has done well for property investors by showing a capital gain of 8.71% over the last year
Taking the average capital gain, or increase in median house value, Richardson,2905 has racked up an average of 8.71% over the period. This ranks it number 1726th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Richardson 2905 should be seeing an average reduction in asking price of around -1.80% . This means that Richardson is holding prices well when compared to other suburbs in ACT.
With the median price for a house in Richardson being $549000 and the advertised rent reaching $510 the gross rental yield for property investors calculates out to be 4.83%