The suburb’s capital gain of 4% for the past year is higher than average compared to its -9.57% growth within a five-year period.
Also in ACTON, the median home price is sitting at $156,000, and the average rent at $240, this suggests property owners could potentially earn a 8% increase in gross rental yield.
Property investors have seen a 0.65% 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 -0.15% decrease over a ten-year period. It ranks 4151st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4%||N/A|
|Median 3 years||-2.19%||N/A|
|Median 5 years||-9.57%||N/A|
|10 years average annual||-0.15%||N/A|
|Weekly media advert. rent||$240||N/A|
|Time on Market||68.1 days||N/A|
|Gross Rental Yield Percent||8%||N/A|