ACT/
Watson

Suburb Profile

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

house
unit

Property investors have seen a 0.35% 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 $722,500

Profits averaged 6.64% 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 $500 based on current median home prices for the suburb.

The gross rental yield in WATSON, 2602 is 3.6%.

An average of 5.67 real estate transactions take place per month in WATSON which translates to 68 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $722,500 $350,500
GROWTH REPORT
Median Quarterly 0.35% 0.14%
Median 12 month 6.25% -3.51%
Median 3 years 19.92% -16.55%
Median 5 years 28.44% 6.89%
10 years average annual 4.94% 2.18%
Weekly media advert. rent $500 $380
Time on Market 47.0 days 93.8 days
Gross Rental Yield Percent 3.6% 5.64%
demographics (median values)
Total Population
4190
Weekly Household Income
1273
Household Size
2.30
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