DENMAN PROSPECT 2611
State: ACTPosiProp AI Investment Summary
DENMAN PROSPECT (ACT 2611) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 36.7%, with a median house buy price of $1,090,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$802,500
$1,289,000
$1,090,000
Suburb Market Profile
Last month Denman Prospect had 25 properties available for rent and 104 properties for sale. Median property prices over the last year range from $1,090,000 for houses to $590,000 for units. If you are looking for an investment property, consider houses in Denman Prospect rent out for $995 PW with an annual rental yield of 3.3% and units rent for $610 PW with a rental yield of 6.0%. Denman Prospect has seen an annual compound growth rate of 36.7% for houses and 15.7% for units.