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Watson

Suburb Profile

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

house
unit

Property investors have seen a 2.33% 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 $770,000

Profits averaged 3.33% 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 $520 based on current median home prices for the suburb.

The gross rental yield in WATSON, 2602 is 3.51%.

An average of 6.08 real estate transactions take place per month in WATSON which translates to 73 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $770,000 $365,000
GROWTH REPORT
Median Quarterly 2.33% 3.4%
Median 12 month 2.67% 1.39%
Median 3 years 10% 0%
Median 5 years 26.23% -11.45%
10 years average annual 5.68% 0.83%
Weekly media advert. rent $520 $430
Time on Market 70.2 days 73.0 days
Gross Rental Yield Percent 3.51% 6.13%
demographics (median values)
Total Population
4190
Weekly Household Income
1273
Household Size
2.30
demographics
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