Suburb Profile Report for Chifley ACT (2606)

Chifley House: Median price $750,000, Annual capital growth 4.36%, Number of sales 40, Weekly median advertised rent $550

Chifley Unit: Median price $312,750, Annual capital growth 6.41%, Number of sales 18, Weekly median advertised rent $390

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

Over the last year, property investments in Chifley, 2606 have given investors a capital gain of -3.85%. This compares very badly with the 4.46% for ACT as a whole.

Comparing Chifley,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Chifley 2606 should be seeing an average reduction in asking price of around -2.88% . This means that Chifley is holding prices well when compared to other suburbs in ACT.

In the last year 40 properties changed hands in Chifley, which puts it as the 58th most active market in ACT when comparing the number of sales per suburb.

Chifley is 68th on a list of best yielding suburbs for rents in ACT with a 3.81% return

ACT has seen average median house prices change by 1.93% which means that Chifley, 2606 has done well for property investors by showing a capital gain of 5.13% over the last year

While Chifley,2606 ranked number 20th in ACT for increase in median house value (annualised) increase, it is ranked 49th over the last 5 years.

Vendor discounting in Chifley is giving property investors an average Vendor Discount of around 0.00%. This puts suburb at number 50th in ACT when ranking the most discounted suburbs.

Property investors should expect to get $390 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$750,000 $312,750
0.00% 2.54%
-3.85% 5.13%
4.36% 6.41%
$550 $390
40 18
3.81% 6.48%
66 48.5

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

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
    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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