Investment property in Conder has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.36%
The five-year average increase in median property values for Conder,2906 has given property investors a potential capital gain of 18.06% across each of those five years.
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 bottom 30% of discounts offered by this ACT.
A $492.5 per week rent on the median house gives suburb investors a gross yield of circa 4.08%, without taking into account capital value appreciation, which has been averaging out at 3.60%.
Property value increases in Conder have tracked lower than the ACT average of 1.23% over the last 12 months.
While Conder,2906 ranked number 42th in ACT for increase in median house value (annualised) increase, it is ranked 29th over the last 5 years.
In the last year 14 properties changed hands in Conder, which puts it as the 54th most active market in ACT when comparing the number of sales per suburb.
Situated 20.49km from the CBD, Conder is one of Unincorporated ACT localities in the postcode 2906.