Property market update: Brisbane, August 2020
While most major capital city markets have been seen suffering from the consequences of the COVID-19 outbreak, Brisbane has been deemed by e...
Based on its average 5-year and quarterly capital gains BRADDON, 2612 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 0.05% growth over a ten-year period. It ranks 1350th on our list of suburbs that property investors should look into.
BRADDON, 2612 in ACT belongs to the local government area of Unincorporated ACT.
BRADDON, 2612 has a capital gain of 2.53% for the past year, which is higher than average compared to its 1.36% growth within a five-year period.
With the median home price in BRADDON sitting at $446,000, and the average rent at $500, property owners could potentially earn a 5.83% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in BRADDON are low, as opposed to average gains per annum over the past five years.
A 2.53% increase in median property prices in BRADDON, 2612 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 36th.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | N/A | $446,000 |
| GROWTH REPORT | ||
| Median Quarterly | N/A | -0.67% |
| Median 12 month | N/A | 2.53% |
| Median 3 years | N/A | -0.89% |
| Median 5 years | N/A | 1.36% |
| 10 years average annual | N/A | 0.05% |
| Weekly media advert. rent | N/A | $500 |
| Time on Market | N/A | 77.9 days |
| Gross Rental Yield Percent | N/A | 5.83% |
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