Suburb Profile Report for Hackett ACT (2602)

Hackett House: Median price $812,500, Annual capital growth 5.72%, Number of sales 38, Weekly median advertised rent $525

Hackett Unit: Median price $230,750, Annual capital growth 8.67%, Number of sales 12, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 1432th in the list of Australian suburbs ordered by increase in median house value over the last year, Hackett, 2602 is in the top 40% with a property value increase of 7.73% recorded in median house prices.

Comparing Hackett,2602 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Hackett2602 is located in ACT which offers an average discount of -4.38% to property investors. Hackett itself is showing figures that indicate -3.45% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.

Property investors who have had real estate in Hackett, 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 -5.82%

Across a shorter period, Hackett, 2602 has seen a median price increase of 9.49% over the last quarter.

Renters in Suburb are facing rents around $3720 per annum or $310 every week.

HOUSE UNIT
$812,500 $230,750
0.68% 9.49%
7.73% -5.82%
5.72% 8.67%
$525 $310
38 12
3.36% 6.99%
31.25 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2914
Median household income ($/weekly) 1789
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 337 11.6
    25-34 years 369 12.7
    35-44 years 477 16.4
    45-54 years 407 14.0
    55-64 years 305 10.5
    Others 1020 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1007 46.0
    Not Married 894 40.9
    Defacto Relationship 287 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2217 78.0
    Croatia 31 1.1
    Papua New Guinea 44 1.5
    United Kingdom 136 4.8
    Other 145 5.1
    Others 268 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.2
    Christianity 1380 51.7
    Hinduism 18 0.7
    Islam 37 1.4
    No Religion 1151 43.1
    Others 25 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 83 8.0
    $1,500-$1,999 132 12.7
    $2,500-$2,999 116 11.2
    $3,000-$3,499 94 9.1
    $4,000 or more 126 12.1
    Others 487 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 960 41.6
    Not in the labour force 748 32.4
    Employed, worked part-time 432 18.7
    Employed, away from work 111 4.8
    Unemployed, looking for work 57 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 257 17.1
    Professionals 625 41.5
    Technicians & trades workers 119 7.9
    Community & personal service workers 102 6.8
    Clerical & administrative workers 225 15.0
    Others 177 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 61 8.2
    Infants/Primary 231 31.1
    Secondary 163 22.0
    Technical or Further Educational Institution 60 8.1
    University or other Tertiary Institutions 220 29.6
    Others 7 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2297 82.5
    Semi-detached, row or terrace house, townhouse 256 9.2
    Flat, unit or apartment 227 8.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 449 39.2
    Being purchased 394 34.4
    Rented 301 26.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals