Suburb Profile Report for Higgins ACT (2615)

Higgins House: Median price $479,000, Annual capital growth 4.40%, Number of sales 40, Weekly median advertised rent $420

Higgins Unit: Median price $461,250, Annual capital growth N/A, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Higgins is in the TOP 30% in ACT when comparing median price capital growth over the last year. Higgins gave property investors a good capital gain figure when compared to the rest of the state, with 10.11%.

The five-year average increase in median property values for Higgins,2615 has given property investors a potential capital gain of 11.14% across each of those five years.

Sellers are offering property buyers an average discount of -3.48% to buyers in Higgins at the moment, which is less than average for the rest of ACT.

Advertised rents are around the $420 mark per week – giving a return of 4.56% based on the median price in Suburb

HOUSE UNIT
$479,000 $461,250
1.27% 9.56%
10.11% N/A
4.40% N/A
$420 N/A
40 16
4.56% N/A
38.39 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 3091
Median household income ($/weekly) 1589
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 385 12.5
    25-34 years 484 15.7
    35-44 years 518 16.8
    45-54 years 379 12.3
    55-64 years 312 10.1
    Others 1013 32.8
    Age Group
    Census Count Percent(%)
    Registered Married 1148 50.0
    Not Married 906 39.4
    Defacto Relationship 243 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2301 76.5
    Croatia 38 1.3
    United Kingdom 139 4.6
    Viet Nam 35 1.2
    Other 194 6.4
    Others 301 10.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 2.2
    Christianity 1801 62.0
    Hinduism 40 1.4
    Islam 60 2.1
    No Religion 923 31.8
    Others 18 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 85 8.0
    $1,250-$1,499 87 8.2
    $1,500-$1,999 166 15.7
    $2,000-$2,499 123 11.6
    $2,500-$2,999 125 11.8
    Others 471 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1033 43.4
    Not in the labour force 725 30.4
    Employed, worked part-time 428 18.0
    Employed, away from work 128 5.4
    Unemployed, looking for work 67 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 179 11.3
    Professionals 417 26.2
    Technicians & trades workers 211 13.3
    Community & personal service workers 169 10.6
    Clerical & administrative workers 295 18.6
    Others 319 20.1
    Occupation
    Census Count Percent(%)
    Pre-school 68 8.9
    Infants/Primary 255 33.6
    Secondary 183 24.1
    Technical or Further Educational Institution 83 10.9
    University or other Tertiary Institutions 150 19.7
    Others 21 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2814 94.5
    Semi-detached, row or terrace house, townhouse 156 5.2
    Flat, unit or apartment 8 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 508 44.4
    Fully owned 352 30.8
    Rented 279 24.4
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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