Giving property investors a a solid capital gain of 16.43% for the last year, Amaroo, 2914 is the 783th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Amaroo,2914 has racked up an average of 16.43% over the period. This ranks it number 1693th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Amaroo are currently offering property investors an average price cut of -2.26% below the asking price at the moment.
On average over the past year, suburb has had 5.08 sales per month, which equates to 61 per year.
Advertised rents are around the $550 mark per week – giving a return of 4.06% based on the median price in Suburb
Amaroo is in the TOP 20% in ACT when comparing median price capital growth over the last year. Amaroo gave property investors a very good capital gain figure when compared to the rest of the state, with 17.85%.
Across a shorter period, Amaroo, 2914 has seen a median price increase of 13.88% over the last quarter.
Property investors looking for a bargain in Amaroo should be aiming for at least -2.96% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Amaroo the average time real estate has been on the market is 35.17 days.
Renters in Suburb are facing rents around $5670 per annum or $472.5 every week.