Property investors enjoyed capital gains of 14.71% over the last 12 months in DUNLOP, translating to lower returns compared with its peers in ACT.
Figures from the previous quarter show that capital gains for real estate buyers in DUNLOP are high, as opposed to average gains per annum over the past five years.
The suburb posted a 22.38% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
On average, rents on listings have reached the $480 mark, reflecting a 4.27% increase in returns based on the current median price in DUNLOP.
DUNLOP, 2615 ranks 13th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 26th on the list of best yielding suburbs for rental properties in ACT, posting a 4.27% return.
Homeowners and real estate investors betting on DUNLOP, 2615 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 31.95%.
DUNLOP, 2615 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $541,000.
Profits due to an upward trend in home prices in DUNLOP, 2615 averaged 16.75% per annum over a 3-year period.
The gross rental yield in DUNLOP, 2615 is 0%.
An average of 0.83 real estate transactions take place per month in DUNLOP which translates to 10 per annum.
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