Suburb Profile Report for Gilmore ACT (2905)

Gilmore House: Median price $557,500, Annual capital growth 5.96%, Number of sales 21, Weekly median advertised rent $465

Gilmore Unit: Median price $460,000, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

ACT has seen average median house prices change by 5.15% which means that Gilmore, 2905 has done well for property investors by showing a capital gain of 19.38% over the last year

Over the longer term, Gilmore has seen property prices show investors a 17.86% return over the last 3 years. This is an improvement over the last 12 months

Property investors looking for a bargain in Gilmore should be aiming for at least -4.75% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Gilmore the average time real estate has been on the market is 65.8 days.

Gilmore is 31th on a list of best yielding suburbs for rents in ACT with a 4.34% return

Metrics i HOUSE UNIT
$557,500 $460,000
N/A -0.92%
19.38% N/A
5.96% N/A
$465 N/A
21 13
4.34% N/A
65.8 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 2841
Median household income ($/weekly) 1873
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 422 14.8
    25-34 years 390 13.7
    35-44 years 381 13.4
    45-54 years 491 17.3
    55-64 years 326 11.5
    Others 833 29.3
    Age Group
    Census Count Percent(%)
    Registered Married 1001 47.5
    Not Married 888 42.1
    Defacto Relationship 218 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2321 83.8
    Indonesia 19 0.7
    Papua New Guinea 30 1.1
    United Kingdom 109 3.9
    Other 74 2.7
    Others 216 7.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.7
    Christianity 1891 70.9
    Islam 45 1.7
    Other Religious Groups 18 0.7
    No Religion 659 24.7
    Others 10 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 80 9.3
    $1,500-$1,999 124 14.5
    $2,000-$2,499 106 12.4
    $2,500-$2,999 93 10.9
    $4,000 or more 84 9.8
    Others 369 43.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1134 52.2
    Not in the labour force 458 21.1
    Employed, worked part-time 414 19.0
    Employed, away from work 105 4.8
    Unemployed, looking for work 63 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 194 11.7
    Professionals 300 18.2
    Technicians & trades workers 259 15.7
    Community & personal service workers 151 9.1
    Clerical & administrative workers 380 23.0
    Others 368 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 52 6.8
    Infants/Primary 265 34.8
    Secondary 234 30.7
    Technical or Further Educational Institution 87 11.4
    University or other Tertiary Institutions 106 13.9
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2665 96.8
    Semi-detached, row or terrace house, townhouse 89 3.2
    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 444 47.7
    Rented 253 27.2
    Fully owned 231 24.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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