PHILLIP 2606
State: ACTPosiProp AI Investment Summary
PHILLIP (ACT 2606) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.5% and has experienced a 12-month capital growth of Down -6.3%, with a median house buy price of $750,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$725,000
$795,000
$1,155,000
$750,000
Suburb Market Profile
Last month Phillip had 98 properties available for rent and 160 properties for sale. Median property prices over the last year range from $750,000 for houses to $515,000 for units. If you are looking for an investment property, consider houses in Phillip rent out for $628 PW with an annual rental yield of 3.5% and units rent for $575 PW with a rental yield of 6.1%. Phillip has seen an annual compound growth rate of -6.3% for houses and -2.8% for units.