Property investors have seen a -1.08% drop in ARANDA based on a decrease 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 $1,370,000
Profits averaged 1.33% 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 $697.5 based on current median home prices for the suburb.
The gross rental yield in ARANDA, 2614 is 2.65%.
An average of 3.08 real estate transactions take place per month in ARANDA which translates to 37 per annum.