Over the last year, property investments in Crace, 2911 have given investors a capital gain of 10.88%. This compares very favourably with the 2.94% for ACT as a whole.
While Crace,2911 ranked number 41th in ACT for increase in median house value (annualised) increase, it is ranked 2nd over the last 5 years.
At number 663 in a list of fastest selling suburbs, Crace is in the TOP 20% of suburbs in Australia with an average of days on market 54.9697 for properties listed there.
With the median price for a house in Crace being $815000 and the advertised rent reaching $612.5 the gross rental yield for property investors calculates out to be 3.91%
Investment property in Crace has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -18.60%
Across a shorter period, Crace, 2911 has seen a median price increase of -12.99% over the last quarter.
With the median price for a house in Crace being $334975 and the advertised rent reaching $435 the gross rental yield for property investors calculates out to be 6.75%