Suburb Profile Report for Downer ACT (2602)

Downer House: Median price $805,000, Annual capital growth 6.68%, Number of sales 42, Weekly median advertised rent $510

Downer Unit: Median price $333,125, Annual capital growth 14.64%, Number of sales 12, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Downer, 2602 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 11.03%.

The five-year average increase in median property values for Downer,2602 has given property investors a potential capital gain of 37.61% across each of those five years.

The most recent median price for Downer is $805000, with sellers offering an average of -1.14% off the asking price.

At number 451 in a list of fastest selling suburbs, Downer is in the TOP 20% of suburbs in Australia with an average of days on market 41.82 for properties listed there.

Property investors should expect to get $510 weekly from the median priced house in this suburb.

Property investors who have had real estate in Downer, 2602 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -25.97%

Across a shorter period, Downer, 2602 has seen a median price increase of -22.53% over the last quarter.

Downer2602 is located in ACT which offers an average discount of -4.10% to property investors. Downer itself is showing figures that indicate -4.63% is the average achievable by property buyers investing in the suburb.

At number 1395 in a list of fastest selling suburbs, Downer is in the bottom 10% of suburbs in Australia with an average of days on market 130.4 for properties listed there.

The ACT suburb of Downer, 2602 is in the Unincorporated ACT local government area.

Metrics i HOUSE UNIT
$805,000 $333,125
2.22% -22.53%
11.03% -25.97%
6.68% 14.64%
$510 $370
42 12
3.29% 5.78%
41.82 130.4

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 3554
Median household income ($/weekly) 1547
Median age of persons 35
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 362 10.2
    25-34 years 643 18.1
    35-44 years 586 16.5
    45-54 years 430 12.1
    55-64 years 315 8.9
    Others 1219 34.3
    Age Group
    Census Count Percent(%)
    Not Married 1292 48.5
    Registered Married 1022 38.4
    Defacto Relationship 349 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2401 71.7
    Croatia 105 3.1
    Papua New Guinea 47 1.4
    United Kingdom 181 5.4
    Other 218 6.5
    Others 398 11.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 156 4.9
    Christianity 1523 47.5
    Islam 35 1.1
    Other Religious Groups 31 1.0
    No Religion 1424 44.4
    Others 38 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 100 8.1
    $1,000-$1,249 108 8.8
    $1,500-$1,999 154 12.5
    $2,000-$2,499 98 8.0
    $2,500-$2,999 149 12.1
    Others 620 50.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1164 41.2
    Not in the labour force 879 31.1
    Employed, worked part-time 582 20.6
    Employed, away from work 116 4.1
    Unemployed, looking for work 81 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 285 15.3
    Professionals 620 33.4
    Technicians & trades workers 166 8.9
    Community & personal service workers 170 9.1
    Clerical & administrative workers 306 16.5
    Others 311 16.7
    Occupation
    Census Count Percent(%)
    Pre-school 52 5.4
    Infants/Primary 242 25.1
    Secondary 175 18.2
    Technical or Further Educational Institution 97 10.1
    University or other Tertiary Institutions 377 39.1
    Others 20 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2732 82.5
    Semi-detached, row or terrace house, townhouse 399 12.0
    Flat, unit or apartment 181 5.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 531 39.0
    Fully owned 417 30.6
    Being purchased 402 29.5
    Other tenure type 13 1.0
    Tenure Type
Census 2011, ABS
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