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 3.8% and has experienced a 12-month capital growth of Down -1.6%, with a median house buy price of $760,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$638,000
$810,000
$1,155,000
$760,000
Suburb Market Profile
Last month Phillip had 117 properties available for rent and 133 properties for sale. Median property prices over the last year range from $760,000 for houses to $480,000 for units. If you are looking for an investment property, consider houses in Phillip rent out for $630 PW with an annual rental yield of 3.8% and units rent for $580 PW with a rental yield of 6.3%. Phillip has seen an annual compound growth rate of -1.6% for houses and -10.7% for units.
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