Is it time to invest regionally?
Despite much of the real estate focus being on Sydney and Melbourne, regional Australia is performing just as well, a property researcher ha...
The suburb’s capital gain of 0.57% for the past year is lower than average compared to its 8.98% growth within a five-year period.
Also in ACTON, the median home price is sitting at $176,000, and the average rent at $265, this suggests property owners could potentially earn a 7.83% increase in gross rental yield.
Property investors have seen a 1.59% 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 0.5% growth over a ten-year period. It ranks 3650th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $176,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 1.59% | N/A |
| Median 12 month | 0.57% | N/A |
| Median 3 years | 19.32% | N/A |
| Median 5 years | 8.98% | N/A |
| 10 years average annual | 0.5% | N/A |
| Weekly media advert. rent | $265 | N/A |
| Time on Market | 101.0 days | N/A |
| Gross Rental Yield Percent | 7.83% | N/A |
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