Isabella Plains

house

unit

SHARE

Share this article on:

×

Facebook Twitter LinkedIn Copy link

ISABELLA PLAINS, 2905 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in ACT have risen as a whole, pulling ISABELLA PLAINS, 2905 values up and netting property investors a capital gain of 5.26% for the past year.

Investors saw the median home price rise to $600,000.

Profits due to an upward trend in home prices in the suburb averaged 2.51% per annum over a 3-year period.

ISABELLA PLAINS now ranks at the 75th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in ISABELLA PLAINS are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $560 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ISABELLA PLAINS, homes and units usually stay on listing for an average of 63.0 days.

In 2016, 58 properties were sold in ISABELLA PLAINS during the past year, making it the 28th most active market in ACT based on total real estate transactions.

ISABELLA PLAINS ranks 23rd in ACT when it comes to estimated capital gains experienced by property investors over the past three years.

ISABELLA PLAINS, 2905 has a capital gain of 11.59% for the past year, which is higher than average compared to its 29.93% growth within a five-year period.

Property investors have seen a 1.77% gain in ISABELLA PLAINS based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ISABELLA PLAINS, 2905 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 11.59%.

A survey of average capital gains or median home price increase in suburbs across the country shows that ISABELLA PLAINS, 2905 obtained a 2.32% growth over a ten-year period. It ranks 1026th on our list of suburbs that property investors should look into.

Surburb overview

Isabella Plains is a suburb in the Tuggeranong district of Canberra, bounded by the Isabella Drive to its north, Drakeford Drive to its west, Johnson Drive to its south and Ashley Drive to its east. The suburb is situated beside the suburbs of Monash, Bonython, Richardson and Calwell.

Gazetted in 1975, the suburb was named after the daughter of Sir Thomas Brisbane, Brisbane’s namesake and governor of NSW from 1921 to 1925. Australian explorers Captain Mark Currie, Major John Ovens and Joseph Wild, tasked to search for a robust, grazing land and expand living areas, discovered the area during an expedition.

Things to do in Isabella Plains

Isabella Plains is a stone throw’s away from the bushlands of Pine Island and Mount Stranger. Two other points of interest nearby are the Lake Tuggeranong and the Tuggeranong Creek, which are great venues for water sports activities and fishing.

Amenities in Isabella Plains

Isabella Plains has a shopping centre that houses a number of stores that can cater to residents’ basic needs. It is situated close to the neighbourhood centre, which locals can rent for events and group activities. Within walking distance are a primary school, an early childhood centre, a restaurant, clinic, salon, pharmacy and weather station. The suburb is home to the senior campus of the St. Mary MacKillop College.