Oxley

A 2.88% increase in median property prices in OXLEY, 2903 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 44th.

A steady increase in median property prices over a five-year period in the suburb translates to a 3.82% capital gain.

It 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 $625,000

The augmented property values in the suburb are trailing above the territorial average of 2.29% in 2016.

Home owners selling their properties and realtors in OXLEY usually have to wait an average of 54.4 days days before their assets are lifted off the market.

The ACT suburb ranks 87th on the list of best yielding suburbs for rental properties in ACT, posting a 0% return.

It also places places 62nd in Australia based on median property value growth during the quarter.