Suburb Profile Report for Curtin ACT (2605)

Curtin House: Median price $940,000, Annual capital growth 4.03%, Number of sales 75, Weekly median advertised rent $640

Curtin Unit: Median price $300,000, Annual capital growth -7.01%, Number of sales 19, Weekly median advertised rent $365

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report
Unit Report

ACT has seen average median house prices change by 4.81% which means that Curtin, 2605 has done well for property investors by showing a capital gain of 2.73% over the last year

Across a shorter period, Curtin, 2605 has seen a median price increase of 2.62% over the last quarter.

Residents and property investors in Curtin have been waiting around 61.52 days to sell a property.

Property investors should expect to get $640 weekly from the median priced house in this suburb.

Property investors looking for a bargain in Curtin should be aiming for at least -4.93% off the asking price, which is the average vendor discount being achieved at the moment.

Curtin is 9th on a list of best yielding suburbs for rents in ACT with a 6.33% return

Metrics	HOUSE	UNIT
Median price	$940,000	$300,000
Quarterly growth	2.62%	13.21%
12-month growth	2.73%	N/A
Average Annual Growth	4.03%	-7.01%
Weekly median advertised rent	$640	$365
Number of sales	75	19
Gross rental yield	3.54%	6.33%
Days on market	61.52	98.7142857142857

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

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Demographics

Total population	5175
Median household income ($/weekly)	2020
Median age of persons	41
Median housing loan repayment ($/monthly)	2126
Average household size	2.5

Census	Count	Percent(%)
5-14 years	682	13.2
25-34 years	534	10.3
35-44 years	735	14.2
45-54 years	829	16.0
55-64 years	569	11.0
Others	1825	35.3

Age Group

Census	Count	Percent(%)
Registered Married	1962	51.8
Not Married	1492	39.4
Defacto Relationship	333	8.8

Social Marital Status

Census	Count	Percent(%)
Australia	3888	77.1
Indonesia	77	1.5
Papua New Guinea	66	1.3
United Kingdom	334	6.6
Other	203	4.0
Others	477	9.5

Country of Birth

Census	Count	Percent(%)
Buddhism	76	1.6
Christianity	2900	60.3
Hinduism	58	1.2
Other Religious Groups	55	1.1
No Religion	1661	34.6
Others	57	1.2

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	186	10.5
$2,000-$2,499	150	8.4
$2,500-$2,999	221	12.4
$3,000-$3,499	161	9.1
$4,000 or more	258	14.5
Others	802	45.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1757	43.0
Not in the labour force	1318	32.3
Employed, worked part-time	771	18.9
Employed, away from work	156	3.8
Unemployed, looking for work	82	2.0

Person Characteristics

Census	Count	Percent(%)
Managers	517	19.3
Professionals	1018	38.0
Technicians & trades workers	187	7.0
Community & personal service workers	211	7.9
Clerical & administrative workers	439	16.4
Others	307	11.5

Occupation

Census	Count	Percent(%)
Pre-school	65	4.8
Infants/Primary	460	34.1
Secondary	383	28.4
Technical or Further Educational Institution	94	7.0
University or other Tertiary Institutions	313	23.2
Others	32	2.4

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	4287	88.8
Flat, unit or apartment	385	8.0
Semi-detached, row or terrace house, townhouse	155	3.2
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0