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AREA REPORTS

Aranda

ACT/
Aranda

Suburb Profile

Aranda - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2614

house

Property investors have seen a 0.78% 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 $901,000

Profits averaged 2.91% 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 $650 based on current median home prices for the suburb.

The gross rental yield in ARANDA, 2614 is 3.75%.

An average of 2.5 real estate transactions take place per month in ARANDA which translates to 30 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $901,000 N/A
GROWTH REPORT
Median Quarterly 0.78% N/A
Median 12 month 5.38% N/A
Median 3 years 8.72% N/A
Median 5 years 18.32% N/A
10 years average annual 5.66% N/A
Weekly media advert. rent $650 N/A
Time on Market 32.2 days N/A
Gross Rental Yield Percent 3.75% N/A
demographics (median values)
Total Population
2413
Weekly Household Income
1845
Household Size
2.60
demographics
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