Suburb Profile Report for Phillip ACT (2606)

Phillip House: Median price $525,000, Annual capital growth 1.15%, Number of sales 12, Weekly median advertised rent $480

Phillip Unit: Median price $407,000, Annual capital growth 0.28%, Number of sales 151, Weekly median advertised rent $475

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report
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Situated 8.62km from the CBD, Phillip is one of Unincorporated ACT localities in the postcode 2606.

Property investors who have had real estate in Phillip, 2606 should be 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 16.29%

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

At number 17th of ACT’s most discounted properties, Phillip is in the TOP 40% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Phillip have been waiting around 61.9524 days to sell a property.

Phillip, 2606’s gross rental yield is 6.07%

Metrics	HOUSE	UNIT
Median price	$525,000	$407,000
Quarterly growth	1.94%	5.17%
12-month growth	N/A	16.29%
Average Annual Growth	1.15%	0.28%
Weekly median advertised rent	$480	$475
Number of sales	12	151
Gross rental yield	4.75%	6.07%
Days on market	N/A	61.952380952381

DSR Score for property investment : Good (U), Good (H)

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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