Property investors have seen a 3.26% gain in ARANDA based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains ARANDA, 2614 saw average growth in the long term.
The ACT suburb also 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 $888,000
Profits averaged 9.57% per annum over a 3-year period, due to an upward trend in home prices in ARANDA, 2614.
This means, real estate investors could earn a rental income of $625 based on current median home prices for the suburb.
The gross rental yield in ARANDA, 2614 is 3.66%.
An average of 2.58 real estate transactions take place per month in ARANDA which translates to 31 per annum.
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