Suburb Profile Report for Hughes ACT (2605)

Hughes House: Median price $910,000, Annual capital growth 4.28%, Number of sales 47, Weekly median advertised rent $560

Hughes Unit: Median price $217,000, Annual capital growth 16.02%, Number of sales 15, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Hughes has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.85%

If we look at median property appreciation over just the last three months, Hughes has given property investors a paper return of 0.00%. This puts Suburb as 44 on a list of fastest fasting appreciating suburbs in ACT

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 Hughes, 2605. Typically our figures indicate that -0.61% is being offered, which puts this ACT suburb at 3760th most discounted overall in Australia.

Using the current median advertised rental of $560 and the average annual increase in value of a median property of 4.28%, investors should hope to achieve an overall return of 3.20%

Hughes is in the bottom 30% in ACT when comparing median price capital growth over the last year. Hughes gave property investors a disappointing capital gain figure when compared to the rest of the state, with -5.65%.

Using the current median advertised rental of $310 and the average annual increase in value of a median property of 16.02%, investors should hope to achieve an overall return of 7.43%

Metrics i HOUSE UNIT
$910,000 $217,000
0.00% 0.93%
1.85% -5.65%
4.28% 16.02%
$560 $310
47 15
3.20% 7.43%
47.4 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2956
Median household income ($/weekly) 1898
Median age of persons 42
Median housing loan repayment ($/monthly) 2167
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 380 12.9
    25-34 years 288 9.7
    35-44 years 412 13.9
    45-54 years 440 14.9
    55-64 years 313 10.6
    Others 1123 38.0
    Age Group
    Census Count Percent(%)
    Registered Married 1036 50.9
    Not Married 837 41.2
    Defacto Relationship 161 7.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2048 72.5
    Indonesia 46 1.6
    Papua New Guinea 58 2.1
    United Kingdom 192 6.8
    Other 125 4.4
    Others 357 12.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 46 1.7
    Christianity 1548 57.8
    Hinduism 44 1.6
    Islam 92 3.4
    No Religion 914 34.2
    Others 32 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 75 7.6
    $1,500-$1,999 121 12.2
    $2,500-$2,999 125 12.6
    $3,000-$3,499 98 9.9
    $4,000 or more 131 13.2
    Others 442 44.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 888 38.7
    Not in the labour force 850 37.0
    Employed, worked part-time 403 17.6
    Employed, away from work 101 4.4
    Unemployed, looking for work 53 2.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 275 19.8
    Professionals 532 38.3
    Community & personal service workers 103 7.4
    Clerical & administrative workers 230 16.6
    Sales 79 5.7
    Others 169 12.2
    Occupation
    Census Count Percent(%)
    Pre-school 47 6.4
    Infants/Primary 252 34.2
    Secondary 191 25.9
    Technical or Further Educational Institution 51 6.9
    University or other Tertiary Institutions 180 24.4
    Others 16 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2194 83.5
    Semi-detached, row or terrace house, townhouse 238 9.1
    Flat, unit or apartment 195 7.4
    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 412 38.8
    Being purchased 355 33.4
    Rented 282 26.5
    Other tenure type 14 1.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals