Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $493,500, Annual capital growth 4.52%, Number of sales 41, Weekly median advertised rent $440

Scullin Unit: Median price $370,000, Annual capital growth 3.50%, Number of sales 10, Weekly median advertised rent $350

  • 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 4.11%.

If we look at median property appreciation over just the last three months, Scullin has given property investors a paper return of 0.92%. This puts Suburb as 33 on a list of fastest fasting appreciating suburbs in ACT

Scullin, 2614 is offering ACT ‘s 24th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this ACT.

With the median price for a house in Scullin being $493500 and the advertised rent reaching $440 the gross rental yield for property investors calculates out to be 4.64%

Scullin has had a pretty average year for property investment returns compared to the rest of ACT, giving investors a capital gain of 0.14% to date .

Scullin,2614 has offered an average of 0.14% return per annum in house price rises to property investors over the last three years.

In the last year 10 properties changed hands in Scullin, which puts it as the 72th most active market in ACT when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $4200 per annum or $350 every week.

HOUSE UNIT
$493,500 $370,000
0.92% 1.37%
4.11% 0.14%
4.52% 3.50%
$440 $350
41 10
4.64% 4.92%
57.3 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Balanced (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