If you compare the increase in value of investment property in Theodore, 2905 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -2.45%.
If we look at median property appreciation over just the last three months, Theodore has given property investors a paper return of -0.74%. This puts Suburb as 63 on a list of fastest fasting appreciating suburbs in ACT
Our latest figures would indicate that property sellers in Theodore are currently offering property investors an average price cut of -0.90% below the asking price at the moment.
Residents and property investors in Theodore have been waiting around 40.5 days to sell a property.
Situated 18.95km from the CBD, Theodore is one of Unincorporated ACT localities in the postcode 2905.
If you compare the increase in value of investment property in Theodore, 2905 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 5.01%.
When looking at the potential capital gains offered to property investors over the last 3 years, Theodore comes in at number 22th in ACT.
At number 34th of ACT’s most discounted properties, Theodore is in the TOP 30% of the state/territory when listing in order of most discounted to least.
A $415 per week rent on the median house gives suburb investors a gross yield of circa 5.02%, without taking into account capital value appreciation, which has been averaging out at 3.07%.