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 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|