Suburb Profile Report for Gordon ACT (2906)

Gordon House: Median price $557,000, Annual capital growth 2.71%, Number of sales 56, Weekly median advertised rent $525

Gordon Unit: Median price $370,000, Annual capital growth 3.21%, Number of sales 73, 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 5.72% which means that Gordon, 2906 has done well for property investors by showing a capital gain of 4.11% over the last year

While Gordon,2906 ranked number 61th in ACT for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.

Property buyers and investors in Gordon 2906 should be seeing an average reduction in asking price of around -3.95% . This means that Gordon is holding prices well when compared to other suburbs in ACT.

Using the current median advertised rental of $525 and the average annual increase in value of a median property of 2.71%, investors should hope to achieve an overall return of 4.90%

At number 1070th in the list of Australian suburbs ordered by increase in median house value over the last year, Gordon, 2906 is in the BOTTOM 40% with a property value increase of 0.68% recorded in median house prices.

A -5.25% growth in median value for property investors in Gordon,2906 puts this suburb at number 37th in terms of best performing suburbs in ACT

Our latest figures would indicate that property sellers in Gordon are currently offering property investors an average price cut of -4.80% below the asking price at the moment.

Often selling an investment property can take time, and in Gordon the average time real estate has been on the market is 116.13 days.

HOUSE UNIT
$557,000 $370,000
-0.45% 0.00%
4.11% 0.68%
2.71% 3.21%
$525 $380
56 73
4.90% 5.34%
83.67 116.13

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Gordon ACT
Demographics
Total population 7763
Median household income ($/weekly) 1978
Median age of persons 33
Median housing loan repayment ($/monthly) 2080
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1136 14.6
    15-19 years 717 9.2
    25-34 years 1044 13.4
    35-44 years 1218 15.7
    45-54 years 1307 16.8
    Others 2344 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 2836 50.5
    Not Married 2139 38.1
    Defacto Relationship 646 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5947 80.2
    Indonesia 89 1.2
    Papua New Guinea 69 0.9
    United Kingdom 309 4.2
    Other 333 4.5
    Others 671 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 207 2.9
    Christianity 4869 67.9
    Hinduism 87 1.2
    Islam 148 2.1
    No Religion 1795 25.0
    Others 63 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 364 15.1
    $2,000-$2,499 345 14.3
    $2,500-$2,999 300 12.5
    $3,000-$3,499 229 9.5
    $4,000 or more 193 8.0
    Others 976 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3087 53.0
    Not in the labour force 1216 20.9
    Employed, worked part-time 1097 18.8
    Employed, away from work 295 5.1
    Unemployed, looking for work 131 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 630 14.1
    Professionals 908 20.3
    Technicians & trades workers 553 12.4
    Community & personal service workers 448 10.0
    Clerical & administrative workers 1079 24.1
    Others 856 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 121 5.7
    Infants/Primary 676 32.1
    Secondary 742 35.2
    Technical or Further Educational Institution 229 10.9
    University or other Tertiary Institutions 290 13.8
    Others 51 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6504 88.4
    Semi-detached, row or terrace house, townhouse 856 11.6
    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 1440 55.1
    Rented 594 22.7
    Fully owned 571 21.9
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals