Suburb Profile Report for Ainslie ACT (2602)

Ainslie House: Median price $942,500, Annual capital growth 7.56%, Number of sales 48, Weekly median advertised rent $530

Ainslie Unit: Median price $805,000, Annual capital growth 5.29%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Ainslie has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.71%

Over the longer term, Ainslie has seen property prices show investors a 38.86% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Ainslie 2602 should be seeing an average reduction in asking price of around -21.54% . This means that Ainslie is holding prices well when compared to other suburbs in ACT.

Using the current median advertised rental of $530 and the average annual increase in value of a median property of 7.56%, investors should hope to achieve an overall return of 2.92%

Ainslie is in the TOP 10% in ACT when comparing median price capital growth over the last year. Ainslie gave property investors a very good capital gain figure when compared to the rest of the state, with 20.60%.

If we look at median property appreciation over just the last three months, Ainslie has given property investors a paper return of 11.81%. This puts Suburb as 1 on a list of fastest fasting appreciating suburbs in ACT

On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.

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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
HOUSE UNIT
$942,500 $805,000
1.89% 11.81%
7.71% 20.60%
7.56% 5.29%
$530 N/A
48 16
2.92% N/A
48.68 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Ainslie ACT
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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Recent sales & rentals