Suburb Profile Report for Calwell ACT (2905)

Calwell House: Median price $505,000, Annual capital growth 3.19%, Number of sales 75, Weekly median advertised rent $460

Calwell Unit: Median price $361,500, Annual capital growth 2.74%, Number of sales 32, Weekly median advertised rent $383

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Calwell has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.94%

If we look at median property appreciation over just the last three months, Calwell has given property investors a paper return of 3.06%. This puts Suburb as 30 on a list of fastest fasting appreciating suburbs in ACT

Our latest figures would indicate that property sellers in Calwell are currently offering property investors an average price cut of -3.38% below the asking price at the moment.

Advertised rents are around the $460 mark per week – giving a return of 4.74% based on the median price in Suburb

Over the last year, property investments in Calwell, 2905 have given investors a capital gain of -3.60%. This compares badly with the -1.57% for ACT as a whole.

While Calwell,2905 ranked number 30th in ACT for increase in median house value (annualised) increase, it is ranked 46th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Calwell is offering property investors an average of -3.94. This rate of discount on properties puts Suburb at number 11th in terms of most discounted suburbs in ACT

On average over the past year, suburb has had 2.67 sales per month, which equates to 32 per year.

Advertised rents are around the $382.5 mark per week – giving a return of 5.50% based on the median price in Suburb

HOUSE UNIT
$505,000 $361,500
3.06% 0.14%
-1.94% -3.60%
3.19% 2.74%
$460 $383
75 32
4.74% 5.50%
75.86 66.14

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 5834
Median household income ($/weekly) 2093
Median age of persons 33
Median housing loan repayment ($/monthly) 1952
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 824 14.1
    25-34 years 780 13.4
    35-44 years 831 14.2
    45-54 years 1073 18.4
    55-64 years 567 9.7
    Others 1758 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 2134 49.6
    Not Married 1738 40.4
    Defacto Relationship 429 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4679 82.8
    Indonesia 42 0.7
    Papua New Guinea 67 1.2
    United Kingdom 240 4.2
    Other 233 4.1
    Others 389 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 110 2.0
    Christianity 3712 68.2
    Islam 78 1.4
    Other Religious Groups 38 0.7
    No Religion 1463 26.9
    Others 43 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 266 14.6
    $2,000-$2,499 239 13.1
    $2,500-$2,999 260 14.2
    $3,000-$3,499 191 10.5
    $4,000 or more 170 9.3
    Others 701 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2417 54.0
    Employed, worked part-time 882 19.7
    Not in the labour force 849 19.0
    Employed, away from work 231 5.2
    Unemployed, looking for work 95 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 509 14.4
    Professionals 751 21.3
    Technicians & trades workers 455 12.9
    Community & personal service workers 381 10.8
    Clerical & administrative workers 782 22.2
    Others 651 18.4
    Occupation
    Census Count Percent(%)
    Pre-school 89 5.4
    Infants/Primary 509 30.8
    Secondary 545 33.0
    Technical or Further Educational Institution 179 10.8
    University or other Tertiary Institutions 279 16.9
    Others 53 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5060 90.2
    Semi-detached, row or terrace house, townhouse 304 5.4
    Flat, unit or apartment 247 4.4
    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 1081 54.3
    Fully owned 496 24.9
    Rented 411 20.6
    Other tenure type 4 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals