Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $549,000, Annual capital growth 5.00%, Number of sales 34, Weekly median advertised rent $450

Scullin Unit: Median price $370,000, Annual capital growth 2.82%, Number of sales 18, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

ACT has seen average median house prices change by 7.58% which means that Scullin, 2614 has done well for property investors by showing a capital gain of 12.27% over the last year

Comparing Scullin,2614 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

LACK OF BUYER INTEREST may well be the reason that Scullin is offering property investors an average of -3.67. This rate of discount on properties puts Suburb at number 15th in terms of most discounted suburbs in ACT

On average over the past year, suburb has had 2.83 sales per month, which equates to 34 per year.

The ACT suburb of Scullin, 2614 is in the Unincorporated ACT local government area.

Scullin has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -10.84% to date .

Over the longer term, Scullin has seen property prices show investors a -1.33% return over the last 3 years. This is worse than over the last 12 months

Property buyers and investors in Scullin 2614 should be seeing an average reduction in asking price of around -2.97% . This means that Scullin is holding prices well when compared to other suburbs in ACT.

In the last year 18 properties changed hands in Scullin, which puts it as the 56th most active market in ACT when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$549,000 $370,000
3.49% -3.24%
12.27% -10.84%
5.00% 2.82%
$450 $380
34 18
4.26% 5.34%
32.15 125.41

Source: CoreLogic

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