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 $835,000
Profits averaged 8.71% 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 $595 based on current median home prices for the suburb.
The gross rental yield in ARANDA, 2614 is 3.71%.
An average of 3.08 real estate transactions take place per month in ARANDA which translates to 37 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.91%||N/A|
|Median 3 years||26.13%||N/A|
|Median 5 years||26.52%||N/A|
|10 years average annual||5.67%||N/A|
|Weekly media advert. rent||$595||N/A|
|Time on Market||0.0 days||N/A|
|Gross Rental Yield Percent||3.71%||N/A|