Suburb Profile Report for Calwell ACT (2905)

Calwell House: Median price $530,000, Annual capital growth 3.43%, Number of sales 69, Weekly median advertised rent $460

Calwell Unit: Median price $380,000, Annual capital growth 3.13%, Number of sales 39, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

ACT has seen average median house prices change by 5.75% which means that Calwell, 2905 has done well for property investors by showing a capital gain of 5.21% over the last year

Across a shorter period, Calwell, 2905 has seen a median price increase of 6.00% over the last quarter.

Vendor discounting in Calwell is giving property investors an average Vendor Discount of around -3.36%. This puts suburb at number 34th in ACT when ranking the most discounted suburbs.

Investment property in Calwell has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.33%

While Calwell,2905 ranked number 10th in ACT for increase in median house value (annualised) increase, it is ranked 42th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Calwell is offering property investors an average of -4.09. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in ACT

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.13%, investors should hope to achieve an overall return of 5.20%

Metrics i HOUSE UNIT
$530,000 $380,000
6.00% 5.19%
5.21% 1.33%
3.43% 3.13%
$460 $380
69 39
4.51% 5.20%
76.84 63.69

Source: CoreLogic

DSR Score for property investment : Excellent (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
Chart Table
Recent sales & rentals