Property investors have seen a 1.51% gain in HARRISON based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on HARRISON, 2914 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 20.73%.
Based on its average 5-year and quarterly capital gains HARRISON, 2914 saw average growth in the long term.
The ACT suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $741,000
Profits averaged 7.49% per annum over a 3-year period, due to an upward trend in home prices in HARRISON, 2914.
This means, real estate investors could earn a rental income of $580 based on current median home prices for the suburb.
The gross rental yield in HARRISON, 2914 is 4.07%.
An average of 6.5 real estate transactions take place per month in HARRISON which translates to 78 per annum.
Property investments in HARRISON did not fare well against the rest of the country last year, registering a median home price decrease of -0.98%.
Figures from the previous quarter show that capital gains for real estate buyers in HARRISON are high, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In HARRISON, homes and units usually stay on listing for an average of 43.5 days.
the ACT suburb also 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 $406,000
Investors saw the median home price rise to $406,000.
HARRISON ranks 15th on the list of best yielding suburbs for rental properties in ACT, posting a 5.51% return.
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