Property value increases in Theodore have tracked lower than the ACT average of 5.96% over the last 12 months.
Across a shorter period, Theodore, 2905 has seen a median price increase of -2.64% over the last quarter.
Property buyers and investors in Theodore 2905 should be seeing an average reduction in asking price of around -1.44% . This means that Theodore is holding prices well when compared to other suburbs in ACT.
In the last year 40 properties changed hands in Theodore, which puts it as the 48th most active market in ACT when comparing the number of sales per suburb.
Property investors should expect to get $500 weekly from the median priced house in this suburb.
ACT has seen average median house prices change by 0.72% which means that Theodore, 2905 has done well for property investors by showing a capital gain of 8.30% over the last year
While Theodore,2905 ranked number 49th in ACT for increase in median house value (annualised) increase, it is ranked 8th over the last 5 years.
At number 45th of ACT’s most discounted properties, Theodore is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $425 and the average annual increase in value of a median property of 3.07%, investors should hope to achieve an overall return of 5.17%