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Charnwood

Suburb Profile

Charnwood - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2615

house

Property investors have seen a 1.73% gain in CHARNWOOD based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on CHARNWOOD, 2615 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 10.17%.

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 $498,500

Profits averaged 3.19% 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 $470 based on current median home prices for the suburb.

The gross rental yield in CHARNWOOD, 2615 is 4.9%.

An average of 4 real estate transactions take place per month in CHARNWOOD which translates to 48 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $498,500 N/A
GROWTH REPORT
Median Quarterly 1.73% N/A
Median 12 month 10.17% N/A
Median 3 years 9.56% N/A
Median 5 years 21.59% N/A
10 years average annual 2.81% N/A
Weekly media advert. rent $470 N/A
Time on Market 54.3 days N/A
Gross Rental Yield Percent 4.9% N/A
demographics (median values)
Total Population
3016
Weekly Household Income
1048
Household Size
2.50
demographics
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