Based on its average 5-year and quarterly capital gains CONDER, 2906 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that CONDER, 2906 obtained a 2.8% growth over a ten-year period. It ranks 2620th on our list of suburbs that property investors should look into.
CONDER, 2906 in ACT belongs to the local government area of Unincorporated ACT.
CONDER, 2906 has a capital gain of 1.21% for the past year, which is lower than average compared to its 10.45% growth within a five-year period.
With the median home price in CONDER sitting at $576,875, and the average rent at $520, property owners could potentially earn a 4.69% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in CONDER are low, as opposed to average gains per annum over the past five years.
A 1.21% increase in median property prices in CONDER, 2906 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 69th.
Homeowners and real estate investors betting on CONDER, 2906 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 12.65%.
A steady increase in median property prices over a five-year period in CONDER, 2906 translates to a 6.7% capital gain.
Property investors enjoyed capital gains of 12.65% over the last 12 months in CONDER, translating to lower returns compared with its peers in ACT.
CONDER, 2906 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 $414,000.
Profits due to an upward trend in home prices in CONDER, 2906 averaged 2.23% per annum over a 3-year period.
Home owners selling their properties and realtors in CONDER usually have to wait an average of 46.7 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $410 mark, reflecting a 5.15% increase in returns based on the current median price in CONDER.
CONDER, 2906 places 33rd in Australia based on median property value growth during the quarter.