Suburb Profile Report for Deakin ACT (2600)

Deakin House: Median price $1,162,500, Annual capital growth 4.76%, Number of sales 37, Weekly median advertised rent $760

Deakin Unit: Median price $810,000, Annual capital growth 7.48%, Number of sales 19, Weekly median advertised rent $508

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Deakin has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -2.80% to date .

Taking the average capital gain, or increase in median house value, Deakin,2600 has racked up an average of -2.80% over the period. This ranks it number 1292th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 3.08 sales per month, which equates to 37 per year.

Renters in Suburb are facing rents around $9120 per annum or $760 every week.

ACT has seen average median house prices change by 2.54% which means that Deakin, 2600 has done well for property investors by showing a capital gain of -4.99% over the last year

Across a shorter period, Deakin, 2600 has seen a median price increase of -2.41% over the last quarter.

With the median price for a house in Deakin being $810000 and the advertised rent reaching $507.5 the gross rental yield for property investors calculates out to be 3.26%

Metrics i HOUSE UNIT
$1,162,500 $810,000
-3.13% -2.41%
-2.80% -4.99%
4.76% 7.48%
$760 $508
37 19
3.40% 3.26%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 2785
Median household income ($/weekly) 2512
Median age of persons 43
Median housing loan repayment ($/monthly) 2632
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 359 12.9
    25-34 years 293 10.5
    35-44 years 337 12.1
    45-54 years 383 13.8
    55-64 years 372 13.4
    Others 1040 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 1119 55.8
    Not Married 749 37.3
    Defacto Relationship 138 6.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2007 75.1
    Papua New Guinea 56 2.1
    United Kingdom 185 6.9
    United States of America 32 1.2
    Other 89 3.3
    Others 304 11.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 50 1.9
    Christianity 1605 62.5
    Hinduism 27 1.1
    Islam 31 1.2
    No Religion 828 32.2
    Others 28 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 99 10.3
    $2,000-$2,499 81 8.5
    $2,500-$2,999 142 14.8
    $3,000-$3,499 95 9.9
    $4,000 or more 179 18.7
    Others 362 37.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 879 40.2
    Not in the labour force 801 36.6
    Employed, worked part-time 368 16.8
    Employed, away from work 103 4.7
    Unemployed, looking for work 37 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 268 19.9
    Professionals 562 41.8
    Technicians & trades workers 83 6.2
    Community & personal service workers 84 6.2
    Clerical & administrative workers 207 15.4
    Others 142 10.5
    Occupation
    Census Count Percent(%)
    Pre-school 33 4.5
    Infants/Primary 238 32.7
    Secondary 233 32.0
    Technical or Further Educational Institution 38 5.2
    University or other Tertiary Institutions 160 22.0
    Others 25 3.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2153 84.8
    Flat, unit or apartment 294 11.6
    Semi-detached, row or terrace house, townhouse 93 3.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 479 45.8
    Being purchased 296 28.3
    Rented 251 24.0
    Other tenure type 20 1.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals