If you compare the increase in value of investment property in Conder, 2906 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 2.65%.
Taking the average capital gain, or increase in median house value, Conder,2906 has racked up an average of 2.65% over the period. This ranks it number 3173th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Conder is offering property investors an average of -3.05. This rate of discount on properties puts Suburb at number 6th in terms of most discounted suburbs in ACT
Residents and property investors in Conder have been waiting around 44.61 days to sell a property.
Using the current median advertised rental of $500 and the average annual increase in value of a median property of 2.94%, investors should hope to achieve an overall return of 4.48%
Giving property investors a a solid capital gain of 13.43% for the last year, Conder, 2906 is the 163th highest performer in Australia in this respect.
Across a shorter period, Conder, 2906 has seen a median price increase of 5.68% over the last quarter.