Suburb Profile Report for Chifley ACT (2606)

Chifley House: Median price $750,000, Annual capital growth 4.16%, Number of sales 44, Weekly median advertised rent $550

Chifley Unit: Median price $305,250, Annual capital growth 3.27%, Number of sales 19, Weekly median advertised rent $383

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

With a capital gain of -3.85% for the last 12 months, Chifley, 2606 has performed for property investments than its average annual 4.16% property growth over the last 5 years.

The five-year average increase in median property values for Chifley,2606 has given property investors a potential capital gain of 28.21% across each of those five years.

Property investors looking for a bargain in Chifley should be aiming for at least -2.88% off the asking price, which is the average vendor discount being achieved at the moment.

Using the current median advertised rental of $550 and the average annual increase in value of a median property of 4.16%, investors should hope to achieve an overall return of 3.81%

Chifley, 2606 ranked 36th in ACT when comparing growth in median property values or capital gain over the last 12 months. Chifley is one of 126 in our list for ACT

Chifley,2606 has offered an average of 1.75% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Chifley is offering property investors an average of -3.45. This rate of discount on properties puts Suburb at number 53th in terms of most discounted suburbs in ACT

On average over the past year, suburb has had 1.58 sales per month, which equates to 19 per year.

Renters in Suburb are facing rents around $19890 per annum or $382.5 every week.

Metrics i HOUSE UNIT
$750,000 $305,250
-1.57% 3.47%
-3.85% 1.75%
4.16% 3.27%
$550 $383
44 19
3.81% 6.52%
78.33 55

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (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
    Dwelling Structure
    Census Count Percent(%)
    Rented 366 37.4
    Fully owned 312 31.9
    Being purchased 297 30.4
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals