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Watson

Suburb Profile

Watson - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2602

house
unit

Property investors have seen a 2.05% gain in WATSON based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains WATSON, 2602 saw average growth in the long term.

The ACT 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 $745,000

Profits averaged 2.99% per annum over a 3-year period, due to an upward trend in home prices in WATSON, 2602.

This means, real estate investors could earn a rental income of $540 based on current median home prices for the suburb.

The gross rental yield in WATSON, 2602 is 3.77%.

An average of 7 real estate transactions take place per month in WATSON which translates to 84 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $745,000 $353,000
GROWTH REPORT
Median Quarterly 2.05% -0.84%
Median 12 month -1.32% -3.62%
Median 3 years 8.96% -9.25%
Median 5 years 20.4% -14.94%
10 years average annual 3.38% -0.84%
Weekly media advert. rent $540 $430
Time on Market 65.0 days 70.3 days
Gross Rental Yield Percent 3.77% 6.33%
demographics (median values)
Total Population
4190
Weekly Household Income
1273
Household Size
2.30
demographics
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