The best and worst regional investments
The high costs of properties in Sydney and Melbourne are driving investors outwards, leading to an uptick in prices for adjacent regional a...
Property investors enjoyed capital gains of 42.74% over the last 12 months in BRADDON, translating to lower returns compared with its peers in ACT.
A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 7.34% growth over a ten-year period. It ranks 491st on our list of suburbs that property investors should look into.
With the median home price in BRADDON sitting at $1,170,500, and the average rent at $660, property owners could potentially earn a 2.93% increase in gross rental yield.
A 42.74% 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 1st.
BRADDON, 2612 in ACT belongs to the local government area of Unincorporated ACT.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $1,170,500 | $434,950 |
| GROWTH REPORT | ||
| Median Quarterly | 21.3% | 0.57% |
| Median 12 month | 42.74% | -1.71% |
| Median 3 years | N/A | 1.52% |
| Median 5 years | N/A | 1.17% |
| 10 years average annual | 7.34% | 1.11% |
| Weekly media advert. rent | $660 | $495 |
| Time on Market | 0.0 days | 89.1 days |
| Gross Rental Yield Percent | 2.93% | 5.86% |
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