Suburb Profile Report for Duffy ACT (2611)

Duffy House: Median price $710,000, Annual capital growth 5.23%, Number of sales 41, Weekly median advertised rent $550

Duffy Unit: Median price $404,500, Annual capital growth -2.00%, Number of sales 19, Weekly median advertised rent $355

  • 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 Duffy, 2611 should be pleased 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 15.07%

When looking at the potential capital gains offered to property investors over the last 3 years, Duffy comes in at number 15th in ACT.

LACK OF BUYER INTEREST may well be the reason that Duffy is offering property investors an average of -4.09. This rate of discount on properties puts Suburb at number 46th in terms of most discounted suburbs in ACT

In the last year 41 properties changed hands in Duffy, which puts it as the 42th most active market in ACT when comparing the number of sales per suburb.

A $550 per week rent on the median house gives suburb investors a gross yield of circa 4.03%, without taking into account capital value appreciation, which has been averaging out at 5.23%.

ACT has seen average median house prices change by 2.38% which means that Duffy, 2611 has done well for property investors by showing a capital gain of 8.16% over the last year

The five-year average increase in median property values for Duffy,2611 has given property investors a potential capital gain of -5.93% across each of those five years.

Our latest figures would indicate that property sellers in Duffy are currently offering property investors an average price cut of -3.65% below the asking price at the moment.

Residents and property investors in Duffy have been waiting around 117.69 days to sell a property.

With the median price for a house in Duffy being $404500 and the advertised rent reaching $355 the gross rental yield for property investors calculates out to be 4.56%

Metrics i HOUSE UNIT
$710,000 $404,500
2.90% 6.73%
15.07% 8.16%
5.23% -2.00%
$550 $355
41 19
4.03% 4.56%
59.61 117.69

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3241
Median household income ($/weekly) 1962
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 505 15.6
    25-34 years 347 10.7
    35-44 years 578 17.8
    45-54 years 426 13.1
    55-64 years 362 11.2
    Others 1024 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 1247 53.6
    Not Married 843 36.3
    Defacto Relationship 235 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2565 82.0
    Greece 30 1.0
    Papua New Guinea 32 1.0
    United Kingdom 167 5.3
    Other 116 3.7
    Others 217 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.7
    Christianity 1796 60.2
    Hinduism 17 0.6
    Other Religious Groups 31 1.0
    No Religion 1092 36.6
    Others 25 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 147 13.8
    $2,000-$2,499 112 10.5
    $2,500-$2,999 118 11.1
    $3,000-$3,499 121 11.4
    $4,000 or more 114 10.7
    Others 454 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1074 44.5
    Not in the labour force 696 28.8
    Employed, worked part-time 480 19.9
    Employed, away from work 117 4.8
    Unemployed, looking for work 46 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 328 19.6
    Professionals 521 31.2
    Technicians & trades workers 148 8.9
    Community & personal service workers 148 8.9
    Clerical & administrative workers 317 19.0
    Others 209 12.5
    Occupation
    Census Count Percent(%)
    Pre-school 50 5.7
    Infants/Primary 355 40.2
    Secondary 227 25.7
    Technical or Further Educational Institution 74 8.4
    University or other Tertiary Institutions 158 17.9
    Others 18 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2861 92.5
    Semi-detached, row or terrace house, townhouse 163 5.3
    Flat, unit or apartment 70 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 485 41.8
    Fully owned 440 37.9
    Rented 236 20.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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