Figures from the previous quarter show that capital gains for real estate buyers in WEETANGERA are low, as opposed to average gains per annum over the past five years.
This number can mean, real estate investors could earn a rental income of $570 based on current median home prices for the suburb.
On average, rents on listings have reached the $570 mark, reflecting a 3.54% increase in returns based on the current median price in WEETANGERA.
WEETANGERA, 2614 ranks 79th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 69th on the list of best yielding suburbs for rental properties in ACT, posting a 3.54% return.
Property investors have seen a -20.36% drop in WEETANGERA based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains WEETANGERA, 2614 saw average growth in the long term.
WEETANGERA, 2614 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 $499,750.
The gross rental yield in WEETANGERA, 2614 is 0%.
An average of 1.17 real estate transactions take place per month in WEETANGERA which translates to 14 per annum.
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