AINSLIE, 2602 ranks 2575th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 3.09% for property investors.
Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $950,000.
The upward trend in home prices in AINSLIE, 2602 averaged 12.23% per annum over a 3-year period.
Average weekly rents on listings have reached the $600 mark, reflecting a 3.28% increase in returns based on the current median price in AINSLIE.
An average of 4.25 real estate transactions take place per month in AINSLIE which translates to 51 per annum.
51 properties were sold in AINSLIE in 2016, making it the 25th most active market in ACT based on total real estate transactions.
AINSLIE, 2602 places 66th in Australia based on median property value growth during the quarter.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||3.09%||36.29%|
|Median 3 years||36.69%||31.01%|
|Median 5 years||40.22%||17.36%|
|10 years average annual||6.5%||6.16%|
|Weekly media advert. rent||$600||N/A|
|Time on Market||46.9 days||0.0 days|
|Gross Rental Yield Percent||3.28%||N/A|