Suburb Profile Report for Dunlop ACT (2615)

Dunlop House: Median price $550,000, Annual capital growth 3.85%, Number of sales 115, Weekly median advertised rent $480

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

Source: CoreLogic

  • House Report
  • Expert Report

Over the last year, property investments in Dunlop, 2615 have given investors a capital gain of 10.00%. This compares averagely with the 7.58% for ACT as a whole.

Taking the average capital gain, or increase in median house value, Dunlop,2615 has racked up an average of 10.00% over the period. This ranks it number 2453th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Dunlop are currently offering property investors an average price cut of -3.41% below the asking price at the moment.

In the last year 115 properties changed hands in Dunlop, which puts it as the 6th most active market in ACT when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $5760 per annum or $480 every week.

Information supplied by:


March 2017

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A suburb of the Belconnen district of Canberra, Dunlop is located at the far north-west edge of Canberra, near the border with the state of New South Wales. It has home-protected parklands like the Dunlop Grasslands Nature Reserve, and several waterways, such as the West Belconnen Pond.Full summary

Median unit price: $386,000
Stock on market: -38.5%
12-month growth: 7.22%

A suburb of the Belconnen district of Canberra, Dunlop is located at the far north-west edge of Canberra, near the border with the state of New South Wales. It has home-protected parklands like the Dunlop Grasslands Nature Reserve, and several waterways, such as the West Belconnen Pond.

Properties with views to these natural wonders attract a premium, and although the suburb is popular with families, there are no schools within Dunlop’s borders. In the nearby suburbs of Charnwood, Fraser and Macgregor, there are several public and independent schools. There are also eight childrens’ playgrounds and several walking and cycling paths.

Over the last 12 months the available stock on market has decreased considerably, which has driven price growth of more than 7%. Local agents point to Dunlop’s peace and quiet as the main drawcards for buyers and renters alike, particularly established families who are seeking affordable larger homes.

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Metrics i HOUSE UNIT
$550,000 N/A
3.77% N/A
10.00% N/A
3.85% N/A
$480 N/A
115 N/A
4.54% N/A
36.04 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Above average (U)
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Demographics
Total population 7110
Median household income ($/weekly) 2072
Median age of persons 31
Median housing loan repayment ($/monthly) 2200
Average household size 3
  • Census Count Percent(%)
    0-4 years 746 10.5
    5-14 years 1127 15.9
    25-34 years 1334 18.8
    35-44 years 1337 18.8
    45-54 years 828 11.6
    Others 1738 24.4
    Age Group
    Census Count Percent(%)
    Registered Married 2738 55.0
    Not Married 1677 33.7
    Defacto Relationship 559 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5494 79.5
    Indonesia 83 1.2
    United Kingdom 247 3.6
    Viet Nam 82 1.2
    Other 395 5.7
    Others 612 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 169 2.6
    Christianity 4333 65.4
    Hinduism 123 1.9
    Islam 202 3.0
    No Religion 1758 26.5
    Others 42 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 175 8.0
    $1,500-$1,999 335 15.4
    $2,000-$2,499 358 16.5
    $2,500-$2,999 287 13.2
    $3,000-$3,499 260 12.0
    Others 759 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2802 55.0
    Not in the labour force 1059 20.8
    Employed, worked part-time 863 16.9
    Employed, away from work 244 4.8
    Unemployed, looking for work 128 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 539 13.8
    Professionals 911 23.3
    Technicians & trades workers 485 12.4
    Community & personal service workers 378 9.7
    Clerical & administrative workers 915 23.4
    Others 679 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 176 8.9
    Infants/Primary 740 37.4
    Secondary 494 24.9
    Technical or Further Educational Institution 214 10.8
    University or other Tertiary Institutions 282 14.2
    Others 74 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6435 92.9
    Semi-detached, row or terrace house, townhouse 470 6.8
    Flat, unit or apartment 20 0.3
    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 1540 65.8
    Rented 450 19.2
    Fully owned 341 14.6
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
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