Property investors who have had real estate in Ngunnawal, 2913 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.84%
If we look at median property appreciation over just the last three months, Ngunnawal has given property investors a paper return of 1.55%. This puts Suburb as 32 on a list of fastest fasting appreciating suburbs in ACT
LACK OF BUYER INTEREST may well be the reason that Ngunnawal is offering property investors an average of -3.57. This rate of discount on properties puts Suburb at number 29th in terms of most discounted suburbs in ACT
With the median price for a house in Ngunnawal being $523000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 4.67%
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 4.22%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ngunnawal has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Ngunnawal is offering property investors an average of -3.55. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in ACT
Situated 11.41km from the CBD, Ngunnawal is one of Unincorporated ACT localities in the postcode 2913.