Suburb Profile Report for Gordon ACT (2906)

Gordon House: Median price $559,000, Annual capital growth 2.85%, Number of sales 57, Weekly median advertised rent $525

Gordon Unit: Median price $379,250, Annual capital growth 3.22%, Number of sales 68, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Gordon, 2906 have given investors a capital gain of 2.29%. This compares badly with the 5.43% for ACT as a whole.

Gordon,2906 was ranked 2633 in Australia by increase in median property value over the quarter.

The most recent median price for Gordon is $559000, with sellers offering an average of -4.16% off the asking price.

Using the current median advertised rental of $525 and the average annual increase in value of a median property of 2.85%, investors should hope to achieve an overall return of 4.88%

With a capital gain of 3.20% for the last 12 months, Gordon, 2906 has performed for property investments than its average annual 3.22% property growth over the last 5 years.

Across a shorter period, Gordon, 2906 has seen a median price increase of 2.50% over the last quarter.

Property investors looking for a bargain in Gordon should be aiming for at least -4.98% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Gordon have been waiting around 114.79 days to sell a property.

Situated 20.80km from the CBD, Gordon is one of Unincorporated ACT localities in the postcode 2906.

HOUSE UNIT
$559,000 $379,250
-0.09% 2.50%
2.29% 3.20%
2.85% 3.22%
$525 $380
57 68
4.88% 5.21%
86.25 114.79

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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
Chart Table
Recent sales & rentals