If you compare the increase in value of investment property in Ngunnawal, 2913 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 10.38%.
Ngunnawal,2913 has offered an average of 10.38% return per annum in house price rises to property investors over the last three years.
The most recent median price for Ngunnawal is $585000, with sellers offering an average of -3.50% off the asking price.
In the last year 174 properties changed hands in Ngunnawal, which puts it as the 2nd most active market in ACT when comparing the number of sales per suburb.
Ngunnawal, 2913’s gross rental yield is 4.62%
ACT has seen average median house prices change by 6.15% which means that Ngunnawal, 2913 has done well for property investors by showing a capital gain of 3.45% over the last year
Ngunnawal,2913 has offered an average of 3.45% return per annum in house price rises to property investors over the last three years.
Residents and property investors in Ngunnawal have been waiting around 41.3684 days to sell a property.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 1.69%, investors should hope to achieve an overall return of 5.20%