Suburb Profile Report for Curtin ACT (2605)

Curtin House: Median price $987,500, Annual capital growth 3.95%, Number of sales 88, Weekly median advertised rent $600

Curtin Unit: Median price $274,500, Annual capital growth -1.96%, Number of sales 18, Weekly median advertised rent $370

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

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

  • House Report
  • Unit Report

Curtin is an average performer in ACT when comparing median price capital growth over the last year. Curtin gave property investors a average capital gain figure when compared to the rest of the state, with 6.76%.

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

Property investors looking for a bargain in Curtin should be aiming for at least -4.81% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 88 properties changed hands in Curtin, which puts it as the 14th most active market in ACT when comparing the number of sales per suburb.

The ACT suburb of Curtin, 2605 is in the Unincorporated ACT local government area.

With a capital gain of 3.58% for the last 12 months, Curtin, 2605 has performed for property investments than its average annual -1.96% property growth over the last 5 years.

Across a shorter period, Curtin, 2605 has seen a median price increase of -8.50% over the last quarter.

At number 865 in a list of fastest selling suburbs, Curtin is in the bottom 40% of suburbs in Australia with an average of days on market 79.1 for properties listed there.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 7.01%, without taking into account capital value appreciation, which has been averaging out at -1.96%.

Metrics i HOUSE UNIT
$987,500 $274,500
3.95% -8.50%
6.76% 3.58%
3.95% -1.96%
$600 $370
88 18
3.16% 7.01%
86.72 79.1

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

DSR Score for property investment : Above average (U), Very good (H)
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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
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 804 41.2
    Being purchased 625 32.0
    Rented 520 26.6
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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