Property investors who have had real estate in Conder, 2906 should be relatively unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.43%
If we look at median property appreciation over just the last three months, Conder has given property investors a paper return of 0.43%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in ACT
Conder, 2906 is offering ACT ‘s 26th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.
On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.
Conder is 5th on a list of best yielding suburbs for rents in ACT with a 4.80% return
If you compare the increase in value of investment property in Conder, 2906 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 9.69%.
The five-year average increase in median property values for Conder,2906 has given property investors a potential capital gain of 11.69% across each of those five years.
Conder, 2906 is offering ACT ‘s 42th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this ACT.
Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.59%, investors should hope to achieve an overall return of 5.08%