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Property investors have seen a -2.03% drop in CHARNWOOD based on a decrease 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 $445,750
Profits averaged 3.81% 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 $485 based on current median home prices for the suburb.
The gross rental yield in CHARNWOOD, 2615 is 5.66%.
An average of 4.17 real estate transactions take place per month in CHARNWOOD which translates to 50 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $445,750 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.03% | N/A |
| Median 12 month | -3.62% | N/A |
| Median 3 years | 11.44% | N/A |
| Median 5 years | 14.59% | N/A |
| 10 years average annual | 2.69% | N/A |
| Weekly media advert. rent | $485 | N/A |
| Time on Market | 66.1 days | N/A |
| Gross Rental Yield Percent | 5.66% | N/A |
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