Property investors enjoyed capital gains of 11.05% over the last 12 months in FRASER, translating to lower returns compared with its peers in ACT.
Figures from the previous quarter show that capital gains for real estate buyers in FRASER are low, as opposed to average gains per annum over the past five years.
The suburb posted a 34.36% growth in median prices over a three-year period. This is considerably higher 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 3.83% increase in returns based on the current median price in FRASER.
FRASER, 2615 ranks 24th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 50th on the list of best yielding suburbs for rental properties in ACT, posting a 3.83% return.
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