Suburb Profile Report for Phillip ACT (2606)

Phillip Unit: Median price $379,000, Annual capital growth 0.55%, Number of sales 107, Weekly median advertised rent $430

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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Unit Report

Over the last year, property investments in Phillip, 2606 have given investors a capital gain of 14.16%. This compares very favourably with the 0.87% for ACT as a whole.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Phillip has increased when compared to the 5 year average annual rate.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Phillip, 2606. Typically our figures indicate that -3.26% is being offered, which puts this ACT suburb at 986th most discounted overall in Australia.

Phillip is 13th on a list of best yielding suburbs for rents in ACT with a 5.90% return

Metrics	HOUSE	UNIT
Median price	N/A	$379,000
Quarterly growth	N/A	-1.30%
12-month growth	N/A	14.16%
Average Annual Growth	N/A	0.55%
Weekly median advertised rent	N/A	$430
Number of sales	N/A	107
Gross rental yield	N/A	5.90%
Days on market	N/A	78.3292682926829

Your estimated repayment
$1,466.36/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

DSR Score for property investment : Above average (H), Above average (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