Suburb Profile Report for Downer ACT (2602)

Downer House: Median price $745,000, Annual capital growth 6.46%, Number of sales 41, Weekly median advertised rent $470

Downer Unit: Median price $429,975, Annual capital growth 21.26%, Number of sales 14, Weekly median advertised rent $345

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

Source: CoreLogic

  • House Report
  • Unit Report

Downer, 2602 ranked 15th in ACT when comparing growth in median property values or capital gain over the last 12 months. Downer is one of 126 in our list for ACT

A 25.53% growth in median value for property investors in Downer,2602 puts this suburb at number 40th in terms of best performing suburbs in ACT

The most recent median price for Downer is $745000, with sellers offering an average of -2.23% off the asking price.

On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.

Situated 3.97km from the CBD, Downer is one of Unincorporated ACT localities in the postcode 2602.

Investment property in Downer has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -8.52%

Vendor discounting in Downer is giving property investors an average Vendor Discount of around -3.92%. This puts suburb at number 23th in ACT when ranking the most discounted suburbs.

Residents and property investors in Downer have been waiting around 100 days to sell a property.

Renters in Suburb are facing rents around $4140 per annum or $345 every week.

HOUSE UNIT
$745,000 $429,975
2.05% -18.10%
10.62% -8.52%
6.46% 21.26%
$470 $345
41 14
3.28% 4.17%
41.42 100

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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Recent sales & rentals