Suburb Profile Report for Fadden ACT (2904)

Fadden House: Median price $739,000, Annual capital growth 4.50%, Number of sales 41, 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 14.57%. This compares very favourably with the 7.58% for ACT as a whole.

Fadden,2904 was ranked 3248 in Australia by increase in median property value over the quarter.

Vendor discounting in Fadden is giving property investors an average Vendor Discount of around -5.61%. This puts suburb at number 11th in ACT when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Fadden the average time real estate has been on the market is 77.34 days.

With the median price for a house in Fadden being $739000 and the advertised rent reaching $650 the gross rental yield for property investors calculates out to be 4.57%

Metrics i HOUSE UNIT
$739,000 N/A
-1.47% N/A
14.57% N/A
4.50% N/A
$650 N/A
41 N/A
4.57% N/A
77.34 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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