Suburb Profile Report for Hackett ACT (2602)

Hackett House: Median price $900,000, Annual capital growth 5.80%, Number of sales 39, Weekly median advertised rent $640

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Giving property investors a a stable capital gain of 4.65% for the last year, Hackett, 2602 is the 1144th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Hackett has increased when compared to the 5 year average annual rate.

Often selling an investment property can take time, and in Hackett the average time real estate has been on the market is 51.8929 days.

With the median price for a house in Hackett being $900000 and the advertised rent reaching $640 the gross rental yield for property investors calculates out to be 3.70%

Metrics	HOUSE	UNIT
Median price	$900,000	N/A
Quarterly growth	6.19%	N/A
12-month growth	4.65%	N/A
Average Annual Growth	5.80%	N/A
Weekly median advertised rent	$640	N/A
Number of sales	39	N/A
Gross rental yield	3.70%	N/A
Days on market	51.8928571428572	N/A

Your estimated repayment
$3,482.11/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Good (H), Above average (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