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As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 4.85% gain in CHARNWOOD based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains CHARNWOOD, 2615 saw average growth in the long term.
The ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $470,000
Profits averaged 3.96% per annum over a 3-year period, due to an upward trend in home prices in CHARNWOOD, 2615.
This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.
The gross rental yield in CHARNWOOD, 2615 is 5.53%.
An average of 4.5 real estate transactions take place per month in CHARNWOOD which translates to 54 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $470,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 4.85% | N/A |
| Median 12 month | 2.17% | N/A |
| Median 3 years | 11.88% | N/A |
| Median 5 years | 18.99% | N/A |
| 10 years average annual | 2.92% | N/A |
| Weekly media advert. rent | $500 | N/A |
| Time on Market | 47.4 days | N/A |
| Gross Rental Yield Percent | 5.53% | N/A |
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