Suburb Profile Report for Curtin ACT (2605)

Curtin House: Median price $945,000, Annual capital growth 3.65%, Number of sales 77, Weekly median advertised rent $630

Curtin Unit: Median price $291,000, Annual capital growth 7.35%, Number of sales 17, Weekly median advertised rent $363

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report
Unit Report

Property value increases in Curtin have tracked just lower than the ACT average of 3.79% over the last 12 months.

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.

LACK OF BUYER INTEREST may well be the reason that Curtin is offering property investors an average of -3.83. This rate of discount on properties puts Suburb at number 4th in terms of most discounted suburbs in ACT

Residents and property investors in Curtin have been waiting around 97.3182 days to sell a property.

Curtin is 70th on a list of best yielding suburbs for rents in ACT with a 3.47% return

Property value increases in Curtin have tracked higher than the ACT average of 3.88% over the last 12 months.

Across a shorter period, Curtin, 2605 has seen a median price increase of 9.81% over the last quarter.

Curtin, 2605’s gross rental yield is 6.48%

Metrics	HOUSE	UNIT
Median price	$945,000	$291,000
Quarterly growth	2.16%	9.81%
12-month growth	2.72%	40.24%
Average Annual Growth	3.65%	7.35%
Weekly median advertised rent	$630	$363
Number of sales	77	17
Gross rental yield	3.47%	6.48%
Days on market	97.3181818181818	90.6

DSR Score for property investment : Good (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