Property investors have seen a 5.52% 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 $453,750
Profits averaged 4.48% 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 $420 based on current median home prices for the suburb.
The gross rental yield in CHARNWOOD, 2615 is 4.81%.
An average of 2.67 real estate transactions take place per month in CHARNWOOD which translates to 32 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||8.02%||N/A|
|Median 3 years||13.44%||N/A|
|Median 5 years||16.65%||N/A|
|10 years average annual||4.32%||N/A|
|Weekly media advert. rent||$420||N/A|
|Time on Market||37.8 days||N/A|
|Gross Rental Yield Percent||4.81%||N/A|