Suburb Profile Report for Gordon ACT (2906)

Gordon House: Median price $580,000, Annual capital growth 3.52%, Number of sales 71, Weekly median advertised rent $520

Gordon Unit: Median price $399,000, Annual capital growth 2.86%, Number of sales 63, Weekly median advertised rent $395

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Gordon 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 4.41%

Comparing Gordon,2906 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -3.39% to buyers in Gordon at the moment, which is less than average for the rest of ACT.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 3.52%, investors should hope to achieve an overall return of 4.66%

Property investors who have had real estate in Gordon, 2906 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 7.84%

Taking the average capital gain, or increase in median house value, Gordon,2906 has racked up an average of 7.84% over the period. This ranks it number 912th in the whole country for real estate investors looking at median house price increases.

Gordon2906 is located in ACT which offers an average discount of -4.25% to property investors. Gordon itself is showing figures that indicate -4.10% is the average achievable by property buyers investing in the suburb.

At number 974 in a list of fastest selling suburbs, Gordon is in the bottom 40% of suburbs in Australia with an average of days on market 89.41 for properties listed there.

Metrics i HOUSE UNIT
$580,000 $399,000
1.75% 4.18%
4.41% 7.84%
3.52% 2.86%
$520 $395
71 63
4.66% 5.15%
62.87 89.41

Source: CoreLogic

DSR Score for property investment : Good (H), Very good (U)
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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
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