Suburb Profile Report for Dunlop ACT (2615)

Dunlop House: Median price $595,000, Annual capital growth 3.61%, Number of sales 95, Weekly median advertised rent $540

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

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Dunlop, 2615 ranked 74th in ACT when comparing growth in median property values or capital gain over the last 12 months. Dunlop is one of 126 in our list for ACT

If we look at median property appreciation over just the last three months, Dunlop has given property investors a paper return of -2.13%. This puts Suburb as 79 on a list of fastest fasting appreciating suburbs in ACT

At number 614 in a list of fastest selling suburbs, Dunlop is in the TOP 20% of suburbs in Australia with an average of days on market 45.49 for properties listed there.

A $527.5 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 3.56%.

Information supplied by:


January 2019

M
O

W
E

Family suburb with plenty of appeal

Postcode: 2615

Median house price: $600,000

Vacancy rate: 0.5%

Three-year growth: 25.5%

The suburb of Dunlop in the Belconnen district of Canberra is an established residential neighbourhood, popular with families who enjoy the relaxed atmosphere and tree-lined streets.

Local facilities and amenities include open parklands, Fraser Primary School, Charnwood-Dunlop Primary School and Dunlop Woolworths. Residents are also a short commute to Charnwood shops and Belconnen Town Centre, while being nearby to major bus routes – making this an ideal choice for landlords seeking long-term family renters.

A three or four-bedroom home is your best bet in this suburb, with three-bedders renting for $450-$500 per week, and 4-bedders achieving up to the $600 mark. The available rental stock in Dunlop at the moment is tight, and those homes that are listed for rent are snapped up swiftly – making this suburb “one to watch”.

Metrics i HOUSE UNIT
$595,000 N/A
3.93% N/A
2.59% N/A
3.61% N/A
$540 N/A
95 N/A
4.72% N/A
49.072464 N/A

Source: Monthly data update for May 2019 as supplied by CoreLogic. Data is reported to the period ending Feb 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7110
Median household income ($/weekly) 2072
Median age of persons 31
Median housing loan repayment ($/monthly) 2200
Average household size 3
  • Census Count Percent(%)
    0-4 years 746 10.5
    5-14 years 1127 15.9
    25-34 years 1334 18.8
    35-44 years 1337 18.8
    45-54 years 828 11.6
    Others 1738 24.4
    Age Group
    Census Count Percent(%)
    Registered Married 2738 55.0
    Not Married 1677 33.7
    Defacto Relationship 559 11.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 5494 79.5
    Indonesia 83 1.2
    United Kingdom 247 3.6
    Viet Nam 82 1.2
    Other 395 5.7
    Others 612 8.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 169 2.6
    Christianity 4333 65.4
    Hinduism 123 1.9
    Islam 202 3.0
    No Religion 1758 26.5
    Others 42 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 175 8.0
    $1,500-$1,999 335 15.4
    $2,000-$2,499 358 16.5
    $2,500-$2,999 287 13.2
    $3,000-$3,499 260 12.0
    Others 759 34.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2802 55.0
    Not in the labour force 1059 20.8
    Employed, worked part-time 863 16.9
    Employed, away from work 244 4.8
    Unemployed, looking for work 128 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 539 13.8
    Professionals 911 23.3
    Technicians & trades workers 485 12.4
    Community & personal service workers 378 9.7
    Clerical & administrative workers 915 23.4
    Others 679 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 176 8.9
    Infants/Primary 740 37.4
    Secondary 494 24.9
    Technical or Further Educational Institution 214 10.8
    University or other Tertiary Institutions 282 14.2
    Others 74 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6435 92.9
    Semi-detached, row or terrace house, townhouse 470 6.8
    Flat, unit or apartment 20 0.3
    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 1540 65.8
    Rented 450 19.2
    Fully owned 341 14.6
    Other tenure type 10 0.4
    Tenure Type
Census 2011, ABS
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