Suburb Profile Report for Chifley ACT (2606)

Chifley House: Median price $771,750, Annual capital growth 5.10%, Number of sales 33, Weekly median advertised rent $625

Chifley Unit: Median price $385,000, Annual capital growth 6.36%, Number of sales 16, Weekly median advertised rent $390

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

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

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Chifley, 2606 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 2.76%.

Over the longer term, Chifley has seen property prices show investors a 14.33% return over the last 3 years. This is worse than over the last 12 months

A $625 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 5.10%.

Investment property in Chifley has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 33.91%

Chifley,2606 has offered an average of 33.91% return per annum in house price rises to property investors over the last three years.

Situated 9.30km from the CBD, Chifley is one of Unincorporated ACT localities in the postcode 2606.

Metrics i HOUSE UNIT
$771,750 $385,000
2.90% 9.22%
2.76% 33.91%
5.10% 6.36%
$625 $390
33 16
4.21% 5.27%
54.291668 57.76923

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

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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