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 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%|