Suburb Profile Report for Rivett ACT (2611)

Rivett House: Median price $560,500, Annual capital growth 4.68%, Number of sales 42, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

Property value increases in Rivett have tracked just lower than the ACT average of 6.73% over the last 12 months.

A 12.55% growth in median value for property investors in Rivett,2611 puts this suburb at number 74th in terms of best performing suburbs in ACT

Vendor discounting in Rivett is giving property investors an average Vendor Discount of around -0.49%. This puts suburb at number 64th in ACT when ranking the most discounted suburbs.

In the last year 42 properties changed hands in Rivett, which puts it as the 45th most active market in ACT when comparing the number of sales per suburb.

With the median price for a house in Rivett being $560500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.17%

Metrics i HOUSE UNIT
$560,500 N/A
0.00% N/A
4.28% N/A
4.68% N/A
$450 N/A
42 N/A
4.17% N/A
73.17 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3120
Median household income ($/weekly) 1690
Median age of persons 38
Median housing loan repayment ($/monthly) 2000
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 355 11.4
    25-34 years 436 14.0
    35-44 years 508 16.3
    45-54 years 403 12.9
    55-64 years 400 12.8
    Others 1018 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 1142 49.7
    Not Married 926 40.3
    Defacto Relationship 230 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2352 78.5
    Greece 44 1.5
    Papua New Guinea 39 1.3
    United Kingdom 189 6.3
    Other 119 4.0
    Others 255 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 55 2.0
    Christianity 1689 60.5
    Islam 19 0.7
    Other Religious Groups 25 0.9
    No Religion 978 35.1
    Others 24 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 93 8.3
    $1,500-$1,999 140 12.6
    $2,000-$2,499 137 12.3
    $2,500-$2,999 128 11.5
    $3,000-$3,499 108 9.7
    Others 508 45.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1009 42.0
    Not in the labour force 744 31.0
    Employed, worked part-time 468 19.5
    Employed, away from work 124 5.2
    Unemployed, looking for work 58 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 241 15.1
    Professionals 439 27.4
    Technicians & trades workers 164 10.3
    Community & personal service workers 163 10.2
    Clerical & administrative workers 316 19.8
    Others 277 17.3
    Occupation
    Census Count Percent(%)
    Pre-school 48 6.9
    Infants/Primary 234 33.9
    Secondary 154 22.3
    Technical or Further Educational Institution 73 10.6
    University or other Tertiary Institutions 160 23.2
    Others 22 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2703 91.4
    Semi-detached, row or terrace house, townhouse 230 7.8
    Flat, unit or apartment 21 0.7
    Improvised home, tent, sleepers out 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 477 39.8
    Fully owned 402 33.6
    Rented 309 25.8
    Other tenure type 10 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals