Property investors have seen a 1.09% 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 $465,000
Profits averaged 4.94% 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 $435 based on current median home prices for the suburb.
The gross rental yield in CHARNWOOD, 2615 is 4.86%.
An average of 3.17 real estate transactions take place per month in CHARNWOOD which translates to 38 per annum.
This means, real estate investors could earn a rental income of $385 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In CHARNWOOD, homes and units usually stay on listing for an average of 31.8 days.
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 $359,000
Investors saw the median home price rise to $359,000.
CHARNWOOD ranks 17th on the list of best yielding suburbs for rental properties in ACT, posting a 5.58% return.
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