The case for Canberra’s office market
No longer just a public service bubble, Canberra has seen an increase in private sector activity in recent years, bringing with it a raft of...
The suburb’s capital gain of 1.11% for the past year is lower than average compared to its 31.6% growth within a five-year period.
Also in CURTIN, the median home price is sitting at $910,000, and the average rent at $635, this suggests property owners could potentially earn a 3.63% increase in gross rental yield.
Property investors have seen a 1.17% gain in CURTIN based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 4.71% growth over a ten-year period. It ranks 1739th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $910,000 | $265,000 |
| GROWTH REPORT | ||
| Median Quarterly | 1.17% | 32.5% |
| Median 12 month | 1.11% | -9.56% |
| Median 3 years | 9.64% | -36.75% |
| Median 5 years | 31.6% | N/A |
| 10 years average annual | 4.71% | -6.65% |
| Weekly media advert. rent | $635 | $380 |
| Time on Market | 70.6 days | 117.0 days |
| Gross Rental Yield Percent | 3.63% | 7.46% |
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