Suburb Profile Report for Page ACT (2614)

Page House: Median price $500,000, Annual capital growth 4.42%, Number of sales 27, Weekly median advertised rent $440

Page Unit: Median price $403,750, Annual capital growth 4.91%, Number of sales 24, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Page, 2614 have given investors a capital gain of 2.04%. This compares badly with the 5.72% for ACT as a whole.

Over the longer term, Page has seen property prices show investors a 9.77% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Page is offering property investors an average of -5.15. This rate of discount on properties puts Suburb at number 65th in terms of most discounted suburbs in ACT

Residents and property investors in Page have been waiting around 48.06 days to sell a property.

Property investors should expect to get $440 weekly from the median priced house in this suburb.

Page has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -3.64% to date .

The five-year average increase in median property values for Page,2614 has given property investors a potential capital gain of 2.74% across each of those five years.

Property buyers and investors in Page 2614 should be seeing an average reduction in asking price of around -3.28% . This means that Page is holding prices well when compared to other suburbs in ACT.

Using the current median advertised rental of $395 and the average annual increase in value of a median property of 4.91%, investors should hope to achieve an overall return of 5.09%

HOUSE UNIT
$500,000 $403,750
1.01% -3.87%
2.04% -3.64%
4.42% 4.91%
$440 $395
27 24
4.58% 5.09%
48.06 93

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Page ACT
Demographics
Total population 2880
Median household income ($/weekly) 1309
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 250 8.7
    25-34 years 472 16.4
    35-44 years 400 13.9
    45-54 years 270 9.4
    75-84 years 265 9.2
    Others 1223 42.5
    Age Group
    Census Count Percent(%)
    Not Married 965 46.3
    Registered Married 870 41.7
    Defacto Relationship 250 12.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2018 73.5
    Croatia 56 2.0
    Indonesia 50 1.8
    United Kingdom 141 5.1
    Other 184 6.7
    Others 296 10.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 74 2.9
    Christianity 1557 60.0
    Hinduism 50 1.9
    Islam 83 3.2
    No Religion 808 31.1
    Others 24 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 92 9.0
    $1,000-$1,249 102 10.0
    $1,500-$1,999 132 12.9
    $2,000-$2,499 98 9.6
    $2,500-$2,999 97 9.5
    Others 503 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 894 39.2
    Employed, worked full-time 858 37.6
    Employed, worked part-time 372 16.3
    Employed, away from work 90 3.9
    Unemployed, looking for work 65 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 174 13.1
    Professionals 384 29.0
    Technicians & trades workers 158 11.9
    Community & personal service workers 136 10.3
    Clerical & administrative workers 233 17.6
    Others 239 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 49 7.8
    Infants/Primary 157 25.0
    Secondary 121 19.3
    Technical or Further Educational Institution 78 12.4
    University or other Tertiary Institutions 205 32.6
    Others 18 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1888 73.6
    Semi-detached, row or terrace house, townhouse 667 26.0
    Flat, unit or apartment 7 0.3
    Improvised home, tent, sleepers out 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 401 36.6
    Fully owned 391 35.6
    Being purchased 253 23.1
    Other tenure type 52 4.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals