Suburb Profile Report for Page ACT (2614)

Page House: Median price $504,500, Annual capital growth 4.54%, Number of sales 28, Weekly median advertised rent $415

Page Unit: Median price $397,500, Annual capital growth 4.84%, Number of sales 21, Weekly median advertised rent $393

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 2.96% for the last 12 months, Page, 2614 has performed for property investments than its average annual 4.54% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Page has given property investors a paper return of 1.92%. This puts Suburb as 23 on a list of fastest fasting appreciating suburbs in ACT

LACK OF BUYER INTEREST may well be the reason that Page is offering property investors an average of -4.46. This rate of discount on properties puts Suburb at number 63th in terms of most discounted suburbs in ACT

At number 211 in a list of fastest selling suburbs, Page is in the TOP 10% of suburbs in Australia with an average of days on market 39.73 for properties listed there.

Property investors should expect to get $415 weekly from the median priced house in this suburb.

Page is in the bottom 30% in ACT when comparing median price capital growth over the last year. Page gave property investors a disappointing capital gain figure when compared to the rest of the state, with -6.36%.

Taking the average capital gain, or increase in median house value, Page,2614 has racked up an average of -6.36% over the period. This ranks it number 1372th in the whole country for real estate investors looking at median house price increases.

Page, 2614 is offering ACT ‘s 27th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this ACT.

A $392.5 per week rent on the median house gives suburb investors a gross yield of circa 5.13%, without taking into account capital value appreciation, which has been averaging out at 4.84%.

HOUSE UNIT
$504,500 $397,500
1.92% N/A
2.96% -6.36%
4.54% 4.84%
$415 $393
28 21
4.28% 5.13%
39.73 98.18

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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