Suburb Profile Report for Phillip ACT (2606)

Phillip House: Median price $517,000, Annual capital growth N/A, Number of sales 19, Weekly median advertised rent $485

Phillip Unit: Median price $387,475, Annual capital growth 0.98%, Number of sales 101, Weekly median advertised rent $428

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

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

  • House Report
  • Unit Report

Over the last year, property investments in Phillip, 2606 have given investors a capital gain of 28.77%. This compares very favourably with the 4.46% for ACT as a whole.

Over the longer term, Phillip has seen property prices show investors a -3.23% return over the last 3 years. This is an improvement over the last 12 months

Phillip, 2606’s gross rental yield is 5.78%

Phillip, 2606 ranked 11th in ACT when comparing growth in median property values or capital gain over the last 12 months. Phillip is one of 126 in our list for ACT

The five-year average increase in median property values for Phillip,2606 has given property investors a potential capital gain of 9.87% across each of those five years.

State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.62% offered to property buyers. Sellers in Phillip itself are offering an average vendor discount of -3.07% to real estate investors.

Advertised rents are around the $420 mark per week – giving a return of 5.68% based on the median price in Suburb

Metrics i HOUSE UNIT
$517,000 $387,475
N/A 3.46%
N/A 10.11%
N/A 0.98%
$485 $428
19 101
4.88% 5.74%
41 68.82895

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

DSR Score for property investment : Above average (H), Very good (U)
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Demographics
Total population 2083
Median household income ($/weekly) 1594
Median age of persons 32
Median housing loan repayment ($/monthly) 1904
Average household size 1.8
  • Census Count Percent(%)
    20-24 years 216 10.4
    25-34 years 686 32.9
    35-44 years 354 17.0
    45-54 years 240 11.5
    55-64 years 167 8.0
    Others 419 20.1
    Age Group
    Census Count Percent(%)
    Not Married 916 53.1
    Registered Married 551 31.9
    Defacto Relationship 258 15.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1132 57.1
    Indonesia 259 13.1
    Philippines 57 2.9
    United Kingdom 109 5.5
    Other 122 6.2
    Others 304 15.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 76 4.0
    Christianity 977 51.2
    Hinduism 105 5.5
    Islam 75 3.9
    No Religion 615 32.2
    Others 60 3.1
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 94 9.1
    $1,250-$1,499 121 11.8
    $1,500-$1,999 196 19.0
    $2,000-$2,499 102 9.9
    $2,500-$2,999 131 12.7
    Others 385 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1050 58.3
    Not in the labour force 363 20.1
    Employed, worked part-time 259 14.4
    Employed, away from work 78 4.3
    Unemployed, looking for work 52 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 171 12.4
    Professionals 584 42.2
    Technicians & trades workers 94 6.8
    Community & personal service workers 132 9.5
    Clerical & administrative workers 237 17.1
    Others 166 12.0
    Occupation
    Census Count Percent(%)
    Infants/Primary 62 15.9
    Secondary 39 10.0
    Technical or Further Educational Institution 69 17.6
    University or other Tertiary Institutions 177 45.3
    Other type of educational institution 30 7.7
    Others 14 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 995 50.9
    Semi-detached, row or terrace house, townhouse 920 47.1
    Separate house 39 2.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 644 59.5
    Being purchased 244 22.5
    Fully owned 192 17.7
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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