Mawson

house

unit

SHARE

Share this article on:

×

Facebook Twitter LinkedIn Copy link

MAWSON ranks 5th in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 39.6% for the past year is higher than average compared to its 61.72% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in MAWSON, the median home price is sitting at $1,225,000, and the average rent at $600, this suggests property owners could potentially earn a 2.55% increase in gross rental yield.

Property investors have seen a 10.61% gain in MAWSON based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on MAWSON, 2607 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 39.6%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.98% growth over a ten-year period. It ranks 902nd on our list of suburbs that property investors should look into.

A 36.36% increase in median property prices in MAWSON, 2607 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 5th.

A steady increase in median property prices over a five-year period in MAWSON, 2607 translates to a 44.75% capital gain.

MAWSON, 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 $600,000.

Augmented property values in MAWSON are trailing above the ACT average of 14.49% for the past year.

Real estate investors could earn a rental income of $490 based on current median home prices for the suburb.

Home owners selling their properties and realtors in MAWSON usually have to wait an average of 41.4 days days before their assets are lifted off the market.

MAWSON ranks 47th on the list of best yielding suburbs for rental properties in ACT, posting a 4.25% return.

MAWSON, 2607 places 27th in Australia based on median property value growth during the quarter.

Surburb overview

Mawson is a suburb in the Woden Valley district of Canberra, ACT. The suburb is bounded by Yamba Drive to its west, Beasley Street to its south, and Athllon Drive to its east.

Mawson’s population has a median age of 38, 50 per cent of whom are married. The suburb has a diverse community composed of Australian-born residents and immigrants hailing from England, India, China, Philippines and New Zealand.

Things to do in Mawson

Mawson has a wealth of facilities catering to its residents, including a shopping complex, the Southlands Centre, which is home to Canberra’s best culinary destinations, a bar, and several sporting facilities. The Woden Valley Driving Range and the Mawson District Playing Fields are also within close proximity to the shopping centre.

Houses for sale

Majority of the dwelling structures in Mawson are detached homes, while semi-detached homes, row or town houses are second in popularity. Apartments are also common dwelling spaces in the suburb. The housing supply is abundant and the market can respond to the rising demand for properties in Mawson. Construction for a new public housing complex consisting of 13 two-bedroom town houses is underway in Mawson. Commercial real estate units come up on listings periodically, though supply is seeing some improvements.