Suburb Profile Report for Downer ACT (2602)

Downer House: Median price $850,000, Annual capital growth 3.72%, Number of sales 54, Weekly median advertised rent $580

Downer Unit: Median price $460,000, Annual capital growth 4.29%, Number of sales 11, Weekly median advertised rent $350

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Investment property in Downer 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 4.94%

When looking at the potential capital gains offered to property investors over the last 3 years, Downer comes in at number 85th in ACT.

At number 2818 in a list of fastest selling suburbs, Downer is in the bottom 30% of suburbs in Australia with an average of days on market 94.8667 for properties listed there.

The ACT suburb of Downer, 2602 is in the Unincorporated ACT local government area.

Downer, 2602’s gross rental yield is 3.96%

Metrics	HOUSE	UNIT
Median price	$850,000	$460,000
Quarterly growth	4.29%	3.95%
12-month growth	4.94%	N/A
Average Annual Growth	3.72%	4.29%
Weekly median advertised rent	$580	$350
Number of sales	54	11
Gross rental yield	3.55%	3.96%
Days on market	94.8666666666667	N/A

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

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Demographics

Total population	3554
Median household income ($/weekly)	1547
Median age of persons	35
Median housing loan repayment ($/monthly)	2167
Average household size	2.4

Census	Count	Percent(%)
5-14 years	362	10.2
25-34 years	643	18.1
35-44 years	586	16.5
45-54 years	430	12.1
55-64 years	315	8.9
Others	1219	34.3

Age Group

Census	Count	Percent(%)
Not Married	1292	48.5
Registered Married	1022	38.4
Defacto Relationship	349	13.1

Social Marital Status

Census	Count	Percent(%)
Australia	2401	71.7
Croatia	105	3.1
Papua New Guinea	47	1.4
United Kingdom	181	5.4
Other	218	6.5
Others	398	11.9

Country of Birth

Census	Count	Percent(%)
Buddhism	156	4.9
Christianity	1523	47.5
Islam	35	1.1
Other Religious Groups	31	1.0
No Religion	1424	44.4
Others	38	1.2

Religious Affiliation

Census	Count	Percent(%)
$600-$799	100	8.1
$1,000-$1,249	108	8.8
$1,500-$1,999	154	12.5
$2,000-$2,499	98	8.0
$2,500-$2,999	149	12.1
Others	620	50.4

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1164	41.2
Not in the labour force	879	31.1
Employed, worked part-time	582	20.6
Employed, away from work	116	4.1
Unemployed, looking for work	81	2.9

Person Characteristics

Census	Count	Percent(%)
Managers	285	15.3
Professionals	620	33.4
Technicians & trades workers	166	8.9
Community & personal service workers	170	9.1
Clerical & administrative workers	306	16.5
Others	311	16.7

Occupation

Census	Count	Percent(%)
Pre-school	52	5.4
Infants/Primary	242	25.1
Secondary	175	18.2
Technical or Further Educational Institution	97	10.1
University or other Tertiary Institutions	377	39.1
Others	20	2.1

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2732	82.5
Semi-detached, row or terrace house, townhouse	399	12.0
Flat, unit or apartment	181	5.5
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0