WRIGHT 2611
State: ACTPosiProp AI Investment Summary
WRIGHT (ACT 2611) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.1% and has experienced a 12-month capital growth of Up 0.8%, with a median house buy price of $1,300,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,290,000
$1,260,000
$1,300,000
Suburb Market Profile
Last month Wright had 19 properties available for rent and 39 properties for sale. Median property prices over the last year range from $1,300,000 for houses to $538,000 for units. If you are looking for an investment property, consider houses in Wright rent out for $955 PW with an annual rental yield of 3.1% and units rent for $580 PW with a rental yield of 5.6%. Wright has seen an annual compound growth rate of 0.8% for houses and 3.5% for units.