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AREA REPORTS

Ngunnawal

Suburb Profile

Ngunnawal - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2913

house
unit

Property investors enjoyed capital gains of 5% 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 17.8% 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 $500 based on current median home prices for the suburb.

On average, rents on listings have reached the $500 mark, reflecting a 4.85% increase in returns based on the current median price in NGUNNAWAL.

NGUNNAWAL, 2913 ranks 33rd in ACT in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 12th on the list of best yielding suburbs for rental properties in ACT, posting a 4.85% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $536,000 $431,000
GROWTH REPORT
Median Quarterly 3.95% -0.23%
Median 12 month 5% -0.12%
Median 3 years 17.8% 16.8%
Median 5 years 39.22% 23.14%
10 years average annual 3.35% 1.85%
Weekly media advert. rent $500 $450
Time on Market 51.1 days 62.4 days
Gross Rental Yield Percent 4.85% 5.43%
demographics (median values)
Total Population
8940
Weekly Household Income
1384
Household Size
2.60
demographics
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