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 Price | $453,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 5.52% | N/A |
| 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 |
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