Suburb Profile Report for Phillip ACT (2606)

Phillip House: Median price $445,000, Annual capital growth 0.99%, Number of sales 20, Weekly median advertised rent $460

Phillip Unit: Median price $357,450, Annual capital growth 0.35%, Number of sales 107, Weekly median advertised rent $420

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

Giving property investors a a solid capital gain of 31.31% for the last year, Phillip, 2606 is the 102th highest performer in Australia in this respect.

The five-year average increase in median property values for Phillip,2606 has given property investors a potential capital gain of -13.17% 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 -3.73% offered to property buyers. Sellers in Phillip itself are offering an average vendor discount of -1.37% to real estate investors.

Advertised rents are around the $460 mark per week – giving a return of 5.38% based on the median price in Suburb

Property investors who have had real estate in Phillip, 2606 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -0.15%

Over the longer term, Phillip has seen property prices show investors a 6.38% return over the last 3 years. This is worse than over the last 12 months

The most recent median price for Phillip is $357450, with sellers offering an average of -2.62% off the asking price.

At number 702 in a list of fastest selling suburbs, Phillip is just in the top half of suburbs in Australia with an average of days on market 65.31 for properties listed there.

The ACT suburb of Phillip, 2606 is in the Unincorporated ACT local government area.

Metrics i HOUSE UNIT
$445,000 $357,450
2.30% 7.52%
31.31% -0.15%
0.99% 0.35%
$460 $420
20 107
5.38% 6.11%
52.2 65.31

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), 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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