Property investors enjoyed capital gains of 4.69% over the last 12 months in NGUNNAWAL, translating to lower returns compared with its peers in ACT.
Figures from the previous quarter show that capital gains for real estate buyers in NGUNNAWAL are low, as opposed to average gains per annum over the past five years.
The suburb posted a 21.47% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.
This number can mean, real estate investors could earn a rental income of $440 based on current median home prices for the suburb.
On average, rents on listings have reached the $440 mark, reflecting a 4.55% increase in returns based on the current median price in NGUNNAWAL.
NGUNNAWAL, 2913 ranks 64th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 10th on the list of best yielding suburbs for rental properties in ACT, posting a 4.55% return.
Property investors have seen a 1.11% gain in NGUNNAWAL based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on NGUNNAWAL, 2913 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 11.16%.
Based on its average 5-year and quarterly capital gains NGUNNAWAL, 2913 saw average growth in the long term.
NGUNNAWAL, 2913 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 $408,500.
Profits due to an upward trend in home prices in NGUNNAWAL, 2913 averaged 4.49% per annum over a 3-year period.
This number can mean, real estate investors could earn a rental income of $415 based on current median home prices for the suburb.
The gross rental yield in NGUNNAWAL, 2913 is 5.28%.
An average of 6.25 real estate transactions take place per month in NGUNNAWAL which translates to 75 per annum.
Based on what is coming out of the Royal...
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