Suburb Profile Report for Curtin ACT (2605)

Curtin House: Median price $905,000, Annual capital growth 4.74%, Number of sales 69, Weekly median advertised rent $620

Curtin Unit: Median price $293,000, Annual capital growth 1.69%, Number of sales 11, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • 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 6.22%.

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.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Curtin, 2605. Typically our figures indicate that -0.53% is being offered, which puts this ACT suburb at 4163th most discounted overall in Australia.

On average over the past year, suburb has had 5.75 sales per month, which equates to 69 per year.

With the median price for a house in Curtin being $905000 and the advertised rent reaching $620 the gross rental yield for property investors calculates out to be 3.56%

If you compare the increase in value of investment property in Curtin, 2605 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -10.87%.

Over the longer term, Curtin has seen property prices show investors a -30.45% return over the last 3 years. This is an improvement over the last 12 months

Our latest figures would indicate that property sellers in Curtin are currently offering property investors an average price cut of -6.67% below the asking price at the moment.

Metrics i HOUSE UNIT
$905,000 $293,000
-1.68% 0.00%
6.22% -10.87%
4.74% 1.69%
$620 $370
69 11
3.56% 6.57%
38.66 70

Source: CoreLogic

DSR Score for property investment : Good (U), 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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