Property investors enjoyed capital gains of 9.43% 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 low, as opposed to average gains per annum over the past five years.
The suburb posted a 24.06% 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 $500 based on current median home prices for the suburb.
On average, rents on listings have reached the $500 mark, reflecting a 4.48% increase in returns based on the current median price in DUNLOP.
DUNLOP, 2615 ranks 24th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 17th on the list of best yielding suburbs for rental properties in ACT, posting a 4.48% return.
Property investors have seen a -1.11% drop in DUNLOP based on a decrease in median home prices for the past three months.
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 31.29%.
Based on its average 5-year and quarterly capital gains DUNLOP, 2615 saw average growth in the long term.
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 $535,000.
Profits due to an upward trend in home prices in DUNLOP, 2615 averaged 16.19% 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.
How can genuine long term Landlords...
Will the property prices come down,...
You know what, all these changes to...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal