ACT/
Higgins

Suburb Profile

Higgins - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2615

house

Homeowners and real estate investors betting on HIGGINS, 2615 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 10.99%.

A steady increase in median property prices over a five-year period in the suburb translates to a 18.08% capital gain.

Property investors in HIGGINS enjoyed capital gains of 10.99% over the last 12 months translating to lower returns compared with its peers in the territory.

The 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 $525,000.

Profits due to an upward trend in home prices there averaged 6.03% per annum over a 3-year period.

Home owners selling their properties and realtors in HIGGINS usually have to wait an average of 52.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $480 mark, reflecting a 4.75% increase in returns based on the current median price in HIGGINS.

HIGGINS, 2615 places 42nd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 N/A
GROWTH REPORT
Median Quarterly 1.16% N/A
Median 12 month 10.99% N/A
Median 3 years 18.08% N/A
Median 5 years 15.7% N/A
10 years average annual 4.48% N/A
Weekly media advert. rent $480 N/A
Time on Market 52.2 days N/A
Gross Rental Yield Percent 4.75% N/A
demographics (median values)
Total Population
3025
Weekly Household Income
1218
Household Size
2.50
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