Suburb Profile Report for Weetangera ACT (2614)

Weetangera House: Median price $826,500, Annual capital growth 4.65%, Number of sales 35, Weekly median advertised rent $550

Weetangera Unit: Median price $530,000, Annual capital growth 1.24%, Number of sales 10, Weekly median advertised rent $430

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

Source: CoreLogic

  • House Report
  • Unit Report

Weetangera has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 6.44% to date .

Across a shorter period, Weetangera, 2614 has seen a median price increase of 2.16% over the last quarter.

Weetangera is in the bottom 20% in ACT when comparing median price capital growth over the last year. Weetangera gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.62%.

If we look at median property appreciation over just the last three months, Weetangera has given property investors a paper return of -15.20%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in ACT

Property investors should expect to get $430 weekly from the median priced house in this suburb.

HOUSE UNIT
$826,500 $530,000
2.16% -15.20%
6.44% -10.62%
4.65% 1.24%
$550 $430
35 10
3.46% 4.22%
N/A N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2609
Median household income ($/weekly) 2446
Median age of persons 40
Median housing loan repayment ($/monthly) 2329
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 388 14.9
    35-44 years 388 14.9
    45-54 years 343 13.2
    55-64 years 313 12.0
    65-74 years 277 10.6
    Others 898 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 1160 61.1
    Not Married 630 33.2
    Defacto Relationship 107 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1918 75.5
    Japan 40 1.6
    United Kingdom 166 6.5
    United States of America 38 1.5
    Other 109 4.3
    Others 271 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.5
    Christianity 1494 61.7
    Hinduism 27 1.1
    Islam 45 1.9
    No Religion 810 33.5
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 87 11.0
    $2,000-$2,499 64 8.1
    $2,500-$2,999 111 14.0
    $3,000-$3,499 97 12.3
    $4,000 or more 122 15.4
    Others 310 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 825 41.3
    Not in the labour force 647 32.4
    Employed, worked part-time 399 20.0
    Employed, away from work 81 4.1
    Unemployed, looking for work 47 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 247 18.9
    Professionals 484 37.1
    Technicians & trades workers 104 8.0
    Community & personal service workers 96 7.4
    Clerical & administrative workers 226 17.3
    Others 148 11.3
    Occupation
    Census Count Percent(%)
    Pre-school 48 6.3
    Infants/Primary 282 37.3
    Secondary 182 24.0
    Technical or Further Educational Institution 59 7.8
    University or other Tertiary Institutions 174 23.0
    Others 12 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2290 92.0
    Semi-detached, row or terrace house, townhouse 181 7.3
    Flat, unit or apartment 13 0.5
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 423 48.8
    Being purchased 317 36.6
    Rented 124 14.3
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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