Property value increases in Ngunnawal have tracked close to the ACT average of 2.94% over the last 12 months.
Ngunnawal,2913 was ranked 1141 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Ngunnawal is offering property investors an average of -4.08. This rate of discount on properties puts Suburb at number 19th in terms of most discounted suburbs in ACT
On average over the past year, suburb has had 13.25 sales per month, which equates to 159 per year.
The ACT suburb of Ngunnawal, 2913 is in the Unincorporated ACT local government area.
With a capital gain of 5.87% for the last 12 months, Ngunnawal, 2913 has performed for property investments than its average annual 2.31% property growth over the last 5 years.
The five-year average increase in median property values for Ngunnawal,2913 has given property investors a potential capital gain of 23.71% across each of those five years.
Sellers are offering property buyers an average discount of -3.99% to buyers in Ngunnawal at the moment, which is less than average for the rest of ACT.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 2.31%, investors should hope to achieve an overall return of 5.40%