The suburb’s capital gain of 3.33% for the past year is higher than average compared to its -8.55% growth within a five-year period.
Also in ACTON, the median home price is sitting at $155,000, and the average rent at $230, this suggests property owners could potentially earn a 7.72% increase in gross rental yield.
Property investors have seen a 0.98% gain in ACTON based on an increase 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 0.82% growth over a ten-year period. It ranks 3745th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $155,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 0.98% | N/A |
| Median 12 month | 3.33% | N/A |
| Median 3 years | -7.74% | N/A |
| Median 5 years | -8.55% | N/A |
| 10 years average annual | 0.82% | N/A |
| Weekly media advert. rent | $230 | N/A |
| Time on Market | 62.6 days | N/A |
| Gross Rental Yield Percent | 7.72% | N/A |
Is there not a slightly vested interest...
Nollamara is cheap now, but the area is...
Nollamara is a great suburb, and great...