Suburb Profile Report for Conder ACT (2906)

Conder House: Median price $550,000, Annual capital growth 4.48%, Number of sales 69, Weekly median advertised rent $423

Conder Unit: Median price $343,000, Annual capital growth -0.74%, Number of sales 20, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Conder has done 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 -6.38%

A 7.11% growth in median value for property investors in Conder,2906 puts this suburb at number 52th in terms of best performing suburbs in ACT

Property buyers and investors in Conder 2906 should be seeing an average reduction in asking price of around -2.56% . This means that Conder is holding prices well when compared to other suburbs in ACT.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

Using the current median advertised rental of $422.5 and the average annual increase in value of a median property of 4.48%, investors should hope to achieve an overall return of 3.99%

If you compare the increase in value of investment property in Conder, 2906 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -15.52%.

The five-year average increase in median property values for Conder,2906 has given property investors a potential capital gain of -16.34% across each of those five years.

On average over the past year, suburb has had 1.67 sales per month, which equates to 20 per year.

Renters in Suburb are facing rents around $4560 per annum or $380 every week.

HOUSE UNIT
$550,000 $343,000
0.92% -12.05%
-6.38% -15.52%
4.48% -0.74%
$423 $380
69 20
3.99% 5.76%
74.6 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 5315
Median household income ($/weekly) 2148
Median age of persons 32
Median housing loan repayment ($/monthly) 2123
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 917 17.3
    15-19 years 501 9.4
    25-34 years 631 11.9
    35-44 years 931 17.5
    45-54 years 847 15.9
    Others 1487 28.0
    Age Group
    Census Count Percent(%)
    Registered Married 1997 52.1
    Not Married 1432 37.4
    Defacto Relationship 404 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4154 81.0
    Papua New Guinea 58 1.1
    Philippines 55 1.1
    United Kingdom 236 4.6
    Other 190 3.7
    Others 438 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 147 3.0
    Christianity 3381 68.6
    Hinduism 41 0.8
    Islam 118 2.4
    No Religion 1211 24.6
    Others 31 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 213 13.8
    $2,000-$2,499 234 15.2
    $2,500-$2,999 187 12.1
    $3,000-$3,499 186 12.1
    $4,000 or more 146 9.5
    Others 575 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2073 52.5
    Not in the labour force 818 20.7
    Employed, worked part-time 777 19.7
    Employed, away from work 197 5.0
    Unemployed, looking for work 81 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 457 15.0
    Professionals 579 19.0
    Technicians & trades workers 403 13.2
    Community & personal service workers 308 10.1
    Clerical & administrative workers 714 23.4
    Others 586 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 84 5.2
    Infants/Primary 563 34.8
    Secondary 570 35.2
    Technical or Further Educational Institution 162 10.0
    University or other Tertiary Institutions 203 12.5
    Others 37 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4564 89.4
    Semi-detached, row or terrace house, townhouse 539 10.6
    Flat, unit or apartment 5 0.1
    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 982 58.2
    Rented 360 21.3
    Fully owned 339 20.1
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals