Suburb Profile Report for Fadden ACT (2904)

Fadden House: Median price $725,000, Annual capital growth 5.25%, Number of sales 34, Weekly median advertised rent $650

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

Source: CoreLogic

  • House Report

Over the last year, property investments in Fadden, 2904 have given investors a capital gain of 12.40%. This compares very favourably with the 6.73% for ACT as a whole.

Across a shorter period, Fadden, 2904 has seen a median price increase of 8.21% over the last quarter.

Sellers are offering property buyers an average discount of -5.94% to buyers in Fadden at the moment, which is less than average for the rest of ACT.

Using the current median advertised rental of $650 and the average annual increase in value of a median property of 5.25%, investors should hope to achieve an overall return of 4.66%

Metrics i HOUSE UNIT
$725,000 N/A
8.21% N/A
12.40% N/A
5.25% N/A
$650 N/A
34 N/A
4.66% N/A
74 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 3081
Median household income ($/weekly) 2693
Median age of persons 43
Median housing loan repayment ($/monthly) 2167
Average household size 3
  • Census Count Percent(%)
    5-14 years 410 13.3
    15-19 years 250 8.1
    35-44 years 357 11.6
    45-54 years 600 19.5
    55-64 years 568 18.4
    Others 897 29.1
    Age Group
    Census Count Percent(%)
    Registered Married 1426 60.0
    Not Married 807 34.0
    Defacto Relationship 142 6.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 2355 78.1
    Croatia 32 1.1
    Papua New Guinea 28 0.9
    United Kingdom 209 6.9
    Other 106 3.5
    Others 284 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.6
    Christianity 1998 69.2
    Hinduism 14 0.5
    Islam 35 1.2
    No Religion 775 26.8
    Others 19 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 103 11.3
    $2,000-$2,499 99 10.9
    $2,500-$2,999 143 15.7
    $3,000-$3,499 133 14.6
    $4,000 or more 175 19.3
    Others 256 28.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1190 47.6
    Not in the labour force 599 24.0
    Employed, worked part-time 552 22.1
    Employed, away from work 114 4.6
    Unemployed, looking for work 45 1.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 371 20.0
    Professionals 539 29.1
    Technicians & trades workers 155 8.4
    Community & personal service workers 162 8.7
    Clerical & administrative workers 382 20.6
    Others 246 13.3
    Occupation
    Census Count Percent(%)
    Pre-school 28 3.4
    Infants/Primary 264 32.4
    Secondary 258 31.7
    Technical or Further Educational Institution 62 7.6
    University or other Tertiary Institutions 187 23.0
    Others 15 1.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2903 98.6
    Semi-detached, row or terrace house, townhouse 41 1.4
    Flat, unit or apartment 0 0.0
    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 480 47.2
    Fully owned 446 43.9
    Rented 84 8.3
    Other tenure type 7 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals