When will house prices rise? A new report reveals all
Though the property market is tipped to bottom out sooner than expected following the federal election, new research shows actual gains coul...
A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a -25.16% decrease over a ten-year period. It ranks 4031st on our list of suburbs that property investors should look into.
With the median home price in BRADDON sitting at $735,000, and the average rent at $545, property owners could potentially earn a 3.86% increase in gross rental yield.
A -15.75% 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 90th.
BRADDON, 2612 in ACT belongs to the local government area of Unincorporated ACT.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $735,000 | $427,500 |
| GROWTH REPORT | ||
| Median Quarterly | -10.37% | 0% |
| Median 12 month | -15.75% | -5% |
| Median 3 years | N/A | -2.84% |
| Median 5 years | N/A | 0.06% |
| 10 years average annual | -25.16% | 0.98% |
| Weekly media advert. rent | $545 | $485 |
| Time on Market | 37.3 days | 67.5 days |
| Gross Rental Yield Percent | 3.86% | 5.9% |
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