Canberra Now Boasts A 7-figure Median House Price
With double-digit growth and the steepest price acceleration in almost three decades, Canberra continues to dominate the...
The suburb’s capital gain of 6.08% for the past year is higher than average compared to its 1.55% growth within a five-year period.
Also in STIRLING, the median home price is sitting at $785,000, and the average rent at $550, this suggests property owners could potentially earn a 3.64% increase in gross rental yield.
Property investors have seen a 5.94% gain in STIRLING 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 -0.08% decrease over a ten-year period. It ranks 4493rd on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.08%||N/A|
|Median 3 years||2.61%||N/A|
|Median 5 years||1.55%||N/A|
|10 years average annual||-0.08%||N/A|
|Weekly media advert. rent||$550||N/A|
|Time on Market||45.6 days||N/A|
|Gross Rental Yield Percent||3.64%||N/A|