Suburb Profile Report for Ngunnawal ACT (2913)

Ngunnawal House: Median price $485,000, Annual capital growth 4.03%, Number of sales 140, Weekly median advertised rent $438

Ngunnawal Unit: Median price $385,500, Annual capital growth 2.51%, Number of sales 56, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Ngunnawal 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 4.25%

If we look at median property appreciation over just the last three months, Ngunnawal has given property investors a paper return of 0.31%. This puts Suburb as 68 on a list of fastest fasting appreciating suburbs in ACT

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.09% offered to property buyers. Sellers in Ngunnawal itself are offering an average vendor discount of -3.26% to real estate investors.

At number 826 in a list of fastest selling suburbs, Ngunnawal is in the TOP 30% of suburbs in Australia with an average of days on market 56 for properties listed there.

Using the current median advertised rental of $437.5 and the average annual increase in value of a median property of 4.03%, investors should hope to achieve an overall return of 4.69%

Ngunnawal, 2913 ranked 15th in ACT when comparing growth in median property values or capital gain over the last 12 months. Ngunnawal is one of 126 in our list for ACT

Across a shorter period, Ngunnawal, 2913 has seen a median price increase of 4.90% over the last quarter.

At number 33th of ACT’s most discounted properties, Ngunnawal is in the TOP 30% of the state/territory when listing in order of most discounted to least.

In the last year 56 properties changed hands in Ngunnawal, which puts it as the 19th most active market in ACT when comparing the number of sales per suburb.

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.51%, investors should hope to achieve an overall return of 5.40%

Metrics i HOUSE UNIT
$485,000 $385,500
0.31% 4.90%
4.25% 8.74%
4.03% 2.51%
$438 $400
140 56
4.69% 5.40%
56 54.04

Source: CoreLogic

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