Giving property investors a an unimpressive capital gain of 3.51% for the last year, Gordon, 2906 is the 2640th highest performer in Australia in this respect.
Over the longer term, Gordon has seen property prices show investors a 6.79% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Gordon should be aiming for at least -4.39% off the asking price, which is the average vendor discount being achieved at the moment.
Gordon, 2906’s gross rental yield is 4.85%
Investment property in Gordon 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 6.88%
Across a shorter period, Gordon, 2906 has seen a median price increase of 3.90% over the last quarter.
Sellers are offering property buyers an average discount of -3.00% to buyers in Gordon at the moment, which is less than average for the rest of ACT.
Gordon is 30th on a list of best yielding suburbs for rents in ACT with a 5.20% return