Suburb Profile Report for O'connor ACT (2602)

O'connor House: Median price $945,000, Annual capital growth 7.06%, Number of sales 58, Weekly median advertised rent $525

O'connor Unit: Median price $462,500, Annual capital growth 1.61%, Number of sales 58, Weekly median advertised rent $440

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 13.86% for the last year, O'connor, 2602 is the 584th highest performer in Australia in this respect.

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

Situated 2.43km from the CBD, O'connor is one of Unincorporated ACT localities in the postcode 2602.

At number 301th in the list of Australian suburbs ordered by increase in median house value over the last year, O'connor, 2602 is in the top 20% with a property value increase of 12.12% recorded in median house prices.

A 2.78% growth in median value for property investors in O'connor,2602 puts this suburb at number 51th in terms of best performing suburbs in ACT

LACK OF BUYER INTEREST may well be the reason that O'connor is offering property investors an average of -4.11. This rate of discount on properties puts Suburb at number 32th in terms of most discounted suburbs in ACT

O'connor is 36th on a list of best yielding suburbs for rents in ACT with a 4.95% return

HOUSE UNIT
$945,000 $462,500
0.00% -3.39%
13.86% 12.12%
7.06% 1.61%
$525 $440
58 58
2.89% 4.95%
N/A 96.07

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5251
Median household income ($/weekly) 1982
Median age of persons 35
Median housing loan repayment ($/monthly) 2422
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 573 10.9
    20-24 years 552 10.5
    25-34 years 873 16.6
    35-44 years 809 15.4
    45-54 years 749 14.3
    Others 1696 32.3
    Age Group
    Census Count Percent(%)
    Not Married 1936 48.8
    Registered Married 1501 37.8
    Defacto Relationship 532 13.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 3757 74.8
    Greece 77 1.5
    Papua New Guinea 84 1.7
    United Kingdom 235 4.7
    Other 303 6.0
    Others 567 11.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 166 3.5
    Christianity 1979 42.0
    Islam 80 1.7
    Other Religious Groups 66 1.4
    No Religion 2373 50.3
    Others 52 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 183 10.3
    $2,000-$2,499 140 7.9
    $2,500-$2,999 243 13.6
    $3,000-$3,499 177 9.9
    $4,000 or more 228 12.8
    Others 811 45.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1796 43.0
    Not in the labour force 1179 28.2
    Employed, worked part-time 897 21.5
    Employed, away from work 179 4.3
    Unemployed, looking for work 127 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 456 15.9
    Professionals 1243 43.3
    Technicians & trades workers 168 5.9
    Community & personal service workers 243 8.5
    Clerical & administrative workers 436 15.2
    Others 325 11.3
    Occupation
    Census Count Percent(%)
    Pre-school 82 5.0
    Infants/Primary 380 23.3
    Secondary 311 19.1
    Technical or Further Educational Institution 95 5.8
    University or other Tertiary Institutions 725 44.5
    Others 35 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4234 85.6
    Flat, unit or apartment 417 8.4
    Semi-detached, row or terrace house, townhouse 290 5.9
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 823 41.5
    Fully owned 595 30.0
    Being purchased 557 28.1
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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