Suburb Profile Report for Chapman ACT (2611)

Chapman House: Median price $860,000, Annual capital growth 6.19%, Number of sales 45, Weekly median advertised rent $540

Chapman Unit: Median price $659,000, Annual capital growth 13.43%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Chapman, 2611 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.61%

While Chapman,2611 ranked number 69th in ACT for increase in median house value (annualised) increase, it is ranked 8th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Chapman is offering property investors an average of -5.15. This rate of discount on properties puts Suburb at number 8th in terms of most discounted suburbs in ACT

In the last year 45 properties changed hands in Chapman, which puts it as the 36th most active market in ACT when comparing the number of sales per suburb.

Property investors should expect to get $540 weekly from the median priced house in this suburb.

Property value increases in Chapman have tracked higher than the ACT average of -1.01% over the last 12 months.

HOUSE UNIT
$860,000 $659,000
-1.15% 1.01%
3.61% 13.43%
6.19% 13.43%
$540 N/A
45 14
3.27% N/A
68.31 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2720
Median household income ($/weekly) 2595
Median age of persons 44
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 366 13.4
    35-44 years 330 12.1
    45-54 years 445 16.3
    55-64 years 429 15.8
    65-74 years 313 11.5
    Others 840 30.8
    Age Group
    Census Count Percent(%)
    Registered Married 1318 62.5
    Not Married 685 32.5
    Defacto Relationship 106 5.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2122 79.1
    Japan 37 1.4
    United Kingdom 180 6.7
    United States of America 26 1.0
    Other 82 3.1
    Others 235 8.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.0
    Christianity 1736 67.8
    Hinduism 17 0.7
    Other Religious Groups 21 0.8
    No Religion 749 29.2
    Others 12 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 87 10.2
    $2,000-$2,499 88 10.3
    $2,500-$2,999 105 12.3
    $3,000-$3,499 111 13.0
    $4,000 or more 158 18.5
    Others 305 35.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 907 41.2
    Not in the labour force 678 30.8
    Employed, worked part-time 495 22.5
    Employed, away from work 82 3.7
    Unemployed, looking for work 37 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 293 19.8
    Professionals 526 35.5
    Community & personal service workers 127 8.6
    Clerical & administrative workers 246 16.6
    Sales 104 7.0
    Others 187 12.6
    Occupation
    Census Count Percent(%)
    Pre-school 34 4.7
    Infants/Primary 246 33.8
    Secondary 232 31.9
    Technical or Further Educational Institution 43 5.9
    University or other Tertiary Institutions 162 22.3
    Others 11 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2552 96.9
    Semi-detached, row or terrace house, townhouse 69 2.6
    Flat, unit or apartment 14 0.5
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 457 48.9
    Being purchased 374 40.0
    Rented 101 10.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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