ACT/
Watson

Suburb Profile

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

house
unit

Property investors have seen a 3.62% 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 $716,000

Profits averaged 7.19% 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 $477.5 based on current median home prices for the suburb.

The gross rental yield in WATSON, 2602 is 3.47%.

An average of 5.92 real estate transactions take place per month in WATSON which translates to 71 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $716,000 $350,000
GROWTH REPORT
Median Quarterly 3.62% -2.78%
Median 12 month 8.48% -3.65%
Median 3 years 21.56% -2.36%
Median 5 years 28.72% 3.89%
10 years average annual 5.02% 1.91%
Weekly media advert. rent $477.5 $370
Time on Market 49.0 days 94.5 days
Gross Rental Yield Percent 3.47% 5.5%
demographics (median values)
Total Population
4190
Weekly Household Income
1273
Household Size
2.30
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