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 13.04% for the past year.
Investors saw the median home price rise to $585,000.
Profits due to an upward trend in home prices in the suburb averaged 7.72% per annum over a 3-year period.
ISABELLA PLAINS now ranks at the 44th 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 $485 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 50.2 days.
In 2016, 44 properties were sold in ISABELLA PLAINS during the past year, making it the 31st most active market in ACT based on total real estate transactions.
ISABELLA PLAINS ranks 19th 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 5.4% for the past year, which is higher than average compared to its 5.13% growth within a five-year period.
With the median home price in ISABELLA PLAINS sitting at $410,000, and the average rent at $410, property owners could potentially earn a 5.2% increase in gross rental yield.
Property investors have seen a 3.27% gain in ISABELLA PLAINS based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that ISABELLA PLAINS, 2905 obtained a 2.55% growth over a ten-year period. It ranks 1080th on our list of suburbs that property investors should look into.