The case for Canberra’s office market
No longer just a public service bubble, Canberra has seen an increase in private sector activity in recent years, bringing with it a raft of...
The suburb’s capital gain of -8.43% for the past year is lower than average compared to its 39.4% growth within a five-year period.
Also in GWANDALAN, the median home price is sitting at $467,000, and the average rent at $420, this suggests property owners could potentially earn a 4.68% increase in gross rental yield.
Property investors have seen a -2.91% drop in GWANDALAN based on a decrease 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 this suburb obtained a 5.76% growth over a ten-year period. It ranks 1346th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $467,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | -2.91% | N/A |
| Median 12 month | -8.43% | N/A |
| Median 3 years | 8.6% | N/A |
| Median 5 years | 39.4% | N/A |
| 10 years average annual | 5.76% | N/A |
| Weekly media advert. rent | $420 | N/A |
| Time on Market | 103.3 days | N/A |
| Gross Rental Yield Percent | 4.68% | N/A |
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