Suburb Profile Report for Hackett ACT (2602)

Hackett House: Median price $875,250, Annual capital growth 5.73%, Number of sales 34, Weekly median advertised rent $630

Hackett Unit: Median price $280,000, Annual capital growth 9.17%, Number of sales 12, Weekly median advertised rent $330

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

If you compare the increase in value of investment property in Hackett, 2602 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 9.41%.

Hackett,2602 has offered an average of 9.41% return per annum in house price rises to property investors over the last three years.

Property investors looking for a bargain in Hackett should be aiming for at least -6.67% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Hackett have been waiting around 64 days to sell a property.

Hackett, 2602’s gross rental yield is 3.74%

Hackett has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -3.11% to date .

Taking the average capital gain, or increase in median house value, Hackett,2602 has racked up an average of -3.11% over the period. This ranks it number 1720th in the whole country for real estate investors looking at median house price increases.

A $330 per week rent on the median house gives suburb investors a gross yield of circa 6.13%, without taking into account capital value appreciation, which has been averaging out at 9.17%.

Metrics i HOUSE UNIT
$875,250 $280,000
0.60% -5.08%
9.41% -3.11%
5.73% 9.17%
$630 $330
34 12
3.74% 6.13%
64 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), Very good (U)
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Demographics
Total population 2914
Median household income ($/weekly) 1789
Median age of persons 39
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 337 11.6
    25-34 years 369 12.7
    35-44 years 477 16.4
    45-54 years 407 14.0
    55-64 years 305 10.5
    Others 1020 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 1007 46.0
    Not Married 894 40.9
    Defacto Relationship 287 13.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2217 78.0
    Croatia 31 1.1
    Papua New Guinea 44 1.5
    United Kingdom 136 4.8
    Other 145 5.1
    Others 268 9.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 2.2
    Christianity 1380 51.7
    Hinduism 18 0.7
    Islam 37 1.4
    No Religion 1151 43.1
    Others 25 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 83 8.0
    $1,500-$1,999 132 12.7
    $2,500-$2,999 116 11.2
    $3,000-$3,499 94 9.1
    $4,000 or more 126 12.1
    Others 487 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 960 41.6
    Not in the labour force 748 32.4
    Employed, worked part-time 432 18.7
    Employed, away from work 111 4.8
    Unemployed, looking for work 57 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 257 17.1
    Professionals 625 41.5
    Technicians & trades workers 119 7.9
    Community & personal service workers 102 6.8
    Clerical & administrative workers 225 15.0
    Others 177 11.8
    Occupation
    Census Count Percent(%)
    Pre-school 61 8.2
    Infants/Primary 231 31.1
    Secondary 163 22.0
    Technical or Further Educational Institution 60 8.1
    University or other Tertiary Institutions 220 29.6
    Others 7 0.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2297 82.5
    Semi-detached, row or terrace house, townhouse 256 9.2
    Flat, unit or apartment 227 8.2
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 449 39.2
    Being purchased 394 34.4
    Rented 301 26.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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