Suburb Profile Report for Ngunnawal ACT (2913)

Ngunnawal House: Median price $487,500, Annual capital growth 4.28%, Number of sales 128, Weekly median advertised rent $430

Ngunnawal Unit: Median price $383,500, Annual capital growth 2.69%, Number of sales 55, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Ngunnawal, 2913 have given investors a capital gain of 5.63%. This compares averagely with the 6.73% for ACT as a whole.

Ngunnawal,2913 has offered an average of 5.63% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -3.06% to buyers in Ngunnawal at the moment, which is less than average for the rest of ACT.

Often selling an investment property can take time, and in Ngunnawal the average time real estate has been on the market is 61.09 days.

Using the current median advertised rental of $430 and the average annual increase in value of a median property of 4.28%, investors should hope to achieve an overall return of 4.59%

With a capital gain of 12.79% for the last 12 months, Ngunnawal, 2913 has performed for property investments than its average annual 2.69% property growth over the last 5 years.

Ngunnawal,2913 has offered an average of 12.79% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Ngunnawal should be aiming for at least -2.82% off the asking price, which is the average vendor discount being achieved at the moment.

A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.42%, without taking into account capital value appreciation, which has been averaging out at 2.69%.

Metrics i HOUSE UNIT
$487,500 $383,500
2.31% 4.35%
5.63% 12.79%
4.28% 2.69%
$430 $400
128 55
4.59% 5.42%
61.09 55.9

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 8981
Median household income ($/weekly) 1795
Median age of persons 31
Median housing loan repayment ($/monthly) 2039
Average household size 2.6
  • Census Count Percent(%)
    0-4 years 825 9.2
    5-14 years 1342 14.9
    25-34 years 1791 19.9
    35-44 years 1613 18.0
    45-54 years 1049 11.7
    Others 2361 26.3
    Age Group
    Census Count Percent(%)
    Registered Married 3097 48.0
    Not Married 2544 39.5
    Defacto Relationship 806 12.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 6556 75.2
    Croatia 148 1.7
    Indonesia 188 2.2
    United Kingdom 278 3.2
    Other 506 5.8
    Others 1042 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 301 3.6
    Christianity 4969 59.5
    Hinduism 255 3.1
    Islam 298 3.6
    No Religion 2460 29.5
    Others 68 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 265 8.6
    $1,250-$1,499 273 8.8
    $1,500-$1,999 541 17.5
    $2,000-$2,499 399 12.9
    $2,500-$2,999 400 12.9
    Others 1219 39.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3544 53.6
    Not in the labour force 1392 21.1
    Employed, worked part-time 1152 17.4
    Employed, away from work 354 5.4
    Unemployed, looking for work 170 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 673 13.3
    Professionals 1302 25.8
    Technicians & trades workers 612 12.1
    Community & personal service workers 535 10.6
    Clerical & administrative workers 1067 21.1
    Others 859 17.0
    Occupation
    Census Count Percent(%)
    Pre-school 161 6.4
    Infants/Primary 881 35.1
    Secondary 626 25.0
    Technical or Further Educational Institution 303 12.1
    University or other Tertiary Institutions 474 18.9
    Others 62 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6701 76.7
    Semi-detached, row or terrace house, townhouse 1968 22.5
    Flat, unit or apartment 62 0.7
    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 1643 50.0
    Rented 1030 31.3
    Fully owned 607 18.5
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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