Suburb Profile Report for Ainslie ACT (2602)

Ainslie House: Median price $950,000, Annual capital growth 7.59%, Number of sales 45, Weekly median advertised rent $580

Ainslie Unit: Median price $805,000, Annual capital growth 5.26%, Number of sales 17, Weekly median advertised rent $633

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Ainslie, 2602 have given investors a capital gain of 5.56%. This compares averagely with the 5.15% for ACT as a whole.

Ainslie,2602 was ranked 1037 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Ainslie are currently offering property investors an average price cut of -21.54% below the asking price at the moment.

Often selling an investment property can take time, and in Ainslie the average time real estate has been on the market is 42.93 days.

Situated 2.54km from the CBD, Ainslie is one of Unincorporated ACT localities in the postcode 2602.

Over the last year, property investments in Ainslie, 2602 have given investors a capital gain of 20.60%. This compares very favourably with the -0.94% for ACT as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Ainslie has increased when compared to the 5 year average annual rate.

A $632.5 per week rent on the median house gives suburb investors a gross yield of circa 4.09%, without taking into account capital value appreciation, which has been averaging out at 5.26%.

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A combination of factors makes Ainslie a desirable suburb, such as shops, cafes and restaurants all being within walking distance. The suburb is bordered by Canberra Nature Park and Mount Ainslie to the east. Combine this with its parks, heritage buildings, proximity to the city and village atmosphere and you’ve got one of Canberra’s most sought after suburbs.

Full summary

A combination of factors makes Ainslie a desirable suburb, such as shops, cafes and restaurants all being within walking distance. The suburb is bordered by Canberra Nature Park and Mount Ainslie to the east. Combine this with its parks, heritage buildings, proximity to the city and village atmosphere and you’ve got one of Canberra’s most sought after suburbs.

The rental market in Ainslie is super tight, with SQM Research recording monthly vacancy rates that have been consistently below 1% for the past five years. Renters make up just over a third of the suburb’s population base according to Census data, and SQM expects this figure to remain fairly steady over the next five years.

Close
Metrics i HOUSE UNIT
$950,000 $805,000
3.49% 5.57%
5.56% 20.60%
7.59% 5.26%
$580 $633
45 17
3.17% 4.09%
42.93 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5104
Median household income ($/weekly) 1877
Median age of persons 40
Median housing loan repayment ($/monthly) 2400
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 558 10.9
    25-34 years 693 13.6
    35-44 years 761 14.9
    45-54 years 756 14.8
    55-64 years 572 11.2
    Others 1761 34.5
    Age Group
    Census Count Percent(%)
    Not Married 1795 48.2
    Registered Married 1431 38.4
    Defacto Relationship 498 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3639 75.7
    Papua New Guinea 78 1.6
    United Kingdom 277 5.8
    United States of America 62 1.3
    Other 236 4.9
    Others 513 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 127 2.8
    Christianity 2150 47.2
    Islam 45 1.0
    Other Religious Groups 38 0.8
    No Religion 2120 46.5
    Others 79 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 138 7.8
    $1,500-$1,999 165 9.4
    $2,500-$2,999 207 11.7
    $3,000-$3,499 163 9.2
    $4,000 or more 267 15.1
    Others 823 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1650 41.4
    Not in the labour force 1295 32.5
    Employed, worked part-time 785 19.7
    Employed, away from work 170 4.3
    Unemployed, looking for work 81 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 504 19.4
    Professionals 1070 41.1
    Technicians & trades workers 151 5.8
    Community & personal service workers 192 7.4
    Clerical & administrative workers 383 14.7
    Others 304 11.7
    Occupation
    Census Count Percent(%)
    Pre-school 75 5.7
    Infants/Primary 386 29.2
    Secondary 273 20.6
    Technical or Further Educational Institution 93 7.0
    University or other Tertiary Institutions 475 35.9
    Others 22 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4023 86.8
    Semi-detached, row or terrace house, townhouse 442 9.5
    Flat, unit or apartment 168 3.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 746 38.9
    Fully owned 570 29.7
    Being purchased 549 28.7
    Other tenure type 51 2.7
    Tenure Type
Census 2011, ABS
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