Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $500,000, Annual capital growth 4.33%, Number of sales 41, Weekly median advertised rent $440

Scullin Unit: Median price $365,000, Annual capital growth 2.91%, Number of sales 15, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Scullin, 2614 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 4.17%.

Scullin,2614 was ranked 1206 in Australia by increase in median property value over the quarter.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.11% offered to property buyers. Sellers in Scullin itself are offering an average vendor discount of -4.68% to real estate investors.

Advertised rents are around the $440 mark per week – giving a return of 4.58% based on the median price in Suburb

At number 1295th in the list of Australian suburbs ordered by increase in median house value over the last year, Scullin, 2614 is in the BOTTOM 30% with a property value increase of -2.67% recorded in median house prices.

If we look at median property appreciation over just the last three months, Scullin has given property investors a paper return of -1.35%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in ACT

Situated 9.48km from the CBD, Scullin is one of Unincorporated ACT localities in the postcode 2614.

HOUSE UNIT
$500,000 $365,000
2.99% -1.35%
4.17% -2.67%
4.33% 2.91%
$440 $370
41 15
4.58% 5.27%
56.17 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 2814
Median household income ($/weekly) 1495
Median age of persons 34
Median housing loan repayment ($/monthly) 1863
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 297 10.6
    25-34 years 487 17.3
    35-44 years 421 15.0
    45-54 years 331 11.8
    55-64 years 290 10.3
    Others 989 35.1
    Age Group
    Census Count Percent(%)
    Not Married 950 44.8
    Registered Married 948 44.7
    Defacto Relationship 223 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2024 75.2
    Croatia 55 2.0
    Indonesia 63 2.3
    United Kingdom 129 4.8
    Other 180 6.7
    Others 242 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 75 2.9
    Christianity 1435 56.0
    Hinduism 67 2.6
    Islam 83 3.2
    No Religion 877 34.2
    Others 26 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 100 9.9
    $1,250-$1,499 86 8.5
    $1,500-$1,999 150 14.8
    $2,000-$2,499 103 10.1
    $2,500-$2,999 108 10.6
    Others 468 46.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 923 41.8
    Not in the labour force 701 31.8
    Employed, worked part-time 421 19.1
    Employed, away from work 110 5.0
    Unemployed, looking for work 51 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 182 12.5
    Professionals 409 28.1
    Technicians & trades workers 174 12.0
    Community & personal service workers 136 9.3
    Clerical & administrative workers 270 18.5
    Others 285 19.6
    Occupation
    Census Count Percent(%)
    Pre-school 30 4.5
    Infants/Primary 202 30.2
    Secondary 152 22.7
    Technical or Further Educational Institution 97 14.5
    University or other Tertiary Institutions 166 24.8
    Others 22 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2242 84.0
    Semi-detached, row or terrace house, townhouse 295 11.0
    Flat, unit or apartment 133 5.0
    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 396 36.4
    Rented 362 33.2
    Fully owned 331 30.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals