AREA REPORTS

Hughes

 

 

Suburb Profile

Hughes - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2605

house
unit

A -1.14% increase in median property prices in HUGHES, 2605 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 74th.

A steady increase in median property prices over a five-year period in the suburb translates to a 14.65% capital gain.

It 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 $910,000

The augmented property values in the suburb are trailing behind the territorial average of 5.35% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $575.

Home owners selling their properties and realtors in HUGHES usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The ACT suburb ranks 73rd on the list of best yielding suburbs for rental properties in ACT, posting a 3.29% return.

It also places places 29th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $910,000 $225,000
GROWTH REPORT
Median Quarterly 1.68% 3.69%
Median 12 month -1.14% N/A
Median 3 years 14.65% N/A
Median 5 years 26.83% N/A
10 years average annual 3.78% N/A
Weekly media advert. rent $575 $300
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 3.29% 6.93%
demographics (median values)
Total Population
2896
Weekly Household Income
1521
Household Size
2.40
demographics
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