ISAACS ranks 73rd in ACT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 6.52% for the past year is higher than average compared to its 22.88% growth within a five-year period.
Also in ISAACS, the median home price is sitting at $940,000, and the average rent at $655, this suggests property owners could potentially earn a 3.62% increase in gross rental yield.
Property investors have seen a -0.27% drop in ISAACS based on a decrease 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 4.21% growth over a ten-year period. It ranks 1861st on our list of suburbs that property investors should look into.
A 2.39% increase in median property prices in ISAACS, 2607 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 40th.
A steady increase in median property prices over a five-year period in ISAACS, 2607 translates to a 32.5% capital gain.
ISAACS, 2607 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 $685,000.
Augmented property values in ISAACS are trailing behind the ACT average of 2.41% for the past year.
Real estate investors could earn a rental income of $535 based on current median home prices for the suburb.
Home owners selling their properties and realtors in ISAACS usually have to wait an average of 0.0 days days before their assets are lifted off the market.
ISAACS ranks 61st on the list of best yielding suburbs for rental properties in ACT, posting a 4.06% return.
ISAACS, 2607 places 45th in Australia based on median property value growth during the quarter.