Suburb Profile Report for Turner ACT (2612)

Turner House: Median price $1,362,000, Annual capital growth 8.50%, Number of sales 14, Weekly median advertised rent $500

Turner Unit: Median price $462,500, Annual capital growth 3.09%, Number of sales 129, Weekly median advertised rent $420

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

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  • House Report
  • Unit Report

Property value increases in Turner have tracked higher than the ACT average of 7.14% over the last 12 months.

Turner,2612 has offered an average of 23.82% return per annum in house price rises to property investors over the last three years.

Situated 1.24km from the CBD, Turner is one of Unincorporated ACT localities in the postcode 2612.

Giving property investors a an unimpressive capital gain of -3.75% for the last year, Turner, 2612 is the 1357th highest performer in Australia in this respect.

When looking at the potential capital gains offered to property investors over the last 3 years, Turner comes in at number 33th in ACT.

Property investors looking for a bargain in Turner should be aiming for at least -4.92% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 10.75 sales per month, which equates to 129 per year.

Advertised rents are around the $420 mark per week – giving a return of 4.72% based on the median price in Suburb

HOUSE UNIT
$1,362,000 $462,500
2.33% -0.54%
23.82% -3.75%
8.50% 3.09%
$500 $420
14 129
1.91% 4.72%
N/A 98.68

Source: Property Value by CoreLogic. Click here to get a list of the top suburbs for capital growth potential. Enter code YIP10 at checkout for 10% off premium subscription.

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 3595
Median household income ($/weekly) 1954
Median age of persons 30
Median housing loan repayment ($/monthly) 2297
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 559 15.5
    25-34 years 1174 32.7
    35-44 years 481 13.4
    45-54 years 402 11.2
    55-64 years 297 8.3
    Others 682 19.0
    Age Group
    Census Count Percent(%)
    Not Married 1547 54.2
    Registered Married 806 28.3
    Defacto Relationship 499 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2219 67.8
    Croatia 103 3.1
    Indonesia 58 1.8
    United Kingdom 138 4.2
    Other 268 8.2
    Others 487 14.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 105 3.4
    Christianity 1409 45.3
    Hinduism 56 1.8
    Islam 75 2.4
    No Religion 1423 45.7
    Others 44 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 214 14.2
    $2,000-$2,499 119 7.9
    $2,500-$2,999 256 17.0
    $3,000-$3,499 129 8.6
    $4,000 or more 166 11.0
    Others 619 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1702 56.0
    Not in the labour force 677 22.3
    Employed, worked part-time 460 15.1
    Employed, away from work 114 3.8
    Unemployed, looking for work 87 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 398 17.5
    Professionals 1025 45.0
    Technicians & trades workers 119 5.2
    Community & personal service workers 163 7.2
    Clerical & administrative workers 349 15.3
    Others 225 9.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 90 9.9
    Secondary 94 10.3
    Technical or Further Educational Institution 92 10.1
    University or other Tertiary Institutions 581 63.9
    Other type of educational institution 35 3.9
    Others 17 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1987 62.4
    Separate house 878 27.6
    Semi-detached, row or terrace house, townhouse 317 10.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1048 63.6
    Being purchased 341 20.7
    Fully owned 253 15.3
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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