Suburb Profile Report for Chifley ACT (2606)

Chifley House: Median price $768,500, Annual capital growth 4.95%, Number of sales 30, Weekly median advertised rent $600

Chifley Unit: Median price $315,000, Annual capital growth 4.89%, Number of sales 18, Weekly median advertised rent $410

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
Unit Report

Property investors who have had real estate in Chifley, 2606 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.47%

While Chifley,2606 ranked number 24th in ACT for increase in median house value (annualised) increase, it is ranked 33th over the last 5 years.

Often selling an investment property can take time, and in Chifley the average time real estate has been on the market is 53.8696 days.

With a capital gain of 3.19% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 4.89% property growth over the last 5 years.

While Chifley,2606 ranked number 50th in ACT for increase in median house value (annualised) increase, it is ranked 48th over the last 5 years.

Residents and property investors in Chifley have been waiting around 81.2667 days to sell a property.

Chifley, 2606’s gross rental yield is 6.77%

Metrics	HOUSE	UNIT
Median price	$768,500	$315,000
Quarterly growth	2.81%	-3.08%
12-month growth	2.47%	3.19%
Average Annual Growth	4.95%	4.89%
Weekly median advertised rent	$600	$410
Number of sales	30	18
Gross rental yield	4.06%	6.77%
Days on market	53.8695652173913	81.2666666666667

Your estimated repayment
$2,973.33/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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

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Demographics

Total population	2489
Median household income ($/weekly)	1633
Median age of persons	36
Median housing loan repayment ($/monthly)	1950
Average household size	2.4

Census	Count	Percent(%)
5-14 years	285	11.5
25-34 years	411	16.5
35-44 years	401	16.1
45-54 years	318	12.8
55-64 years	221	8.9
Others	853	34.3

Age Group

Census	Count	Percent(%)
Registered Married	878	46.9
Not Married	828	44.2
Defacto Relationship	168	9.0

Social Marital Status

Census	Count	Percent(%)
Australia	1701	70.6
Croatia	32	1.3
Indonesia	117	4.9
United Kingdom	113	4.7
Other	133	5.5
Others	312	13.0

Country of Birth

Census	Count	Percent(%)
Buddhism	57	2.5
Christianity	1326	57.1
Hinduism	72	3.1
Islam	73	3.1
No Religion	739	31.8
Others	54	2.3

Religious Affiliation

Census	Count	Percent(%)
$1,250-$1,499	86	9.4
$1,500-$1,999	123	13.4
$2,000-$2,499	79	8.6
$2,500-$2,999	101	11.0
$4,000 or more	82	8.9
Others	448	48.7

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	874	45.1
Not in the labour force	584	30.1
Employed, worked part-time	358	18.5
Employed, away from work	85	4.4
Unemployed, looking for work	36	1.9

Person Characteristics

Census	Count	Percent(%)
Managers	188	14.3
Professionals	438	33.2
Technicians & trades workers	136	10.3
Community & personal service workers	104	7.9
Clerical & administrative workers	249	18.9
Others	204	15.5

Occupation

Census	Count	Percent(%)
Pre-school	57	9.2
Infants/Primary	207	33.5
Secondary	122	19.8
Technical or Further Educational Institution	72	11.7
University or other Tertiary Institutions	139	22.5
Others	20	3.2

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	1934	81.1
Flat, unit or apartment	350	14.7
Semi-detached, row or terrace house, townhouse	102	4.3
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0