Suburb Profile Report for Pearce ACT (2607)

Pearce House: Median price $752,500, Annual capital growth 3.65%, Number of sales 27, Weekly median advertised rent $605

Pearce Unit: Median price $472,500, Annual capital growth 1.31%, Number of sales 29, Weekly median advertised rent $425

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

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

  • House Report
  • Unit Report

Pearce has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -8.90% to date .

Across a shorter period, Pearce, 2607 has seen a median price increase of -8.18% over the last quarter.

The ACT suburb of Pearce, 2607 is in the Unincorporated ACT local government area.

With a capital gain of -1.56% for the last 12 months, Pearce, 2607 has performed for property investments than its average annual 1.31% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Pearce,2607 has racked up an average of -1.56% over the period. This ranks it number 525th in the whole country for real estate investors looking at median house price increases.

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 Pearce, 2607. Typically our figures indicate that -4.12% is being offered, which puts this ACT suburb at 920th most discounted overall in Australia.

Metrics i HOUSE UNIT
$752,500 $472,500
-8.18% 0.00%
-8.90% -1.56%
3.65% 1.31%
$605 $425
27 29
4.18% 4.68%
93 73.375

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

DSR Score for property investment : Good (H), Very good (U)
Find a mortgage broker in Pearce ACT
Demographics
Total population 2544
Median household income ($/weekly) 1816
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 319 12.5
    25-34 years 274 10.8
    35-44 years 370 14.5
    45-54 years 339 13.3
    55-64 years 305 12.0
    Others 936 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 959 49.7
    Not Married 795 41.2
    Defacto Relationship 176 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 1829 74.2
    Indonesia 47 1.9
    Papua New Guinea 44 1.8
    United Kingdom 139 5.6
    Other 128 5.2
    Others 278 11.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.9
    Christianity 1565 67.0
    Hinduism 54 2.3
    Islam 28 1.2
    No Religion 649 27.8
    Others 19 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 77 8.3
    $1,500-$1,999 112 12.0
    $2,500-$2,999 120 12.9
    $3,000-$3,499 92 9.9
    $4,000 or more 93 10.0
    Others 436 46.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 859 42.1
    Not in the labour force 694 34.0
    Employed, worked part-time 362 17.8
    Employed, away from work 93 4.6
    Unemployed, looking for work 31 1.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 240 18.2
    Professionals 419 31.8
    Technicians & trades workers 119 9.0
    Community & personal service workers 120 9.1
    Clerical & administrative workers 242 18.4
    Others 176 13.4
    Occupation
    Census Count Percent(%)
    Pre-school 17 2.5
    Infants/Primary 214 32.1
    Secondary 195 29.2
    Technical or Further Educational Institution 76 11.4
    University or other Tertiary Institutions 150 22.5
    Others 15 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1804 75.5
    Semi-detached, row or terrace house, townhouse 471 19.7
    Flat, unit or apartment 113 4.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 411 41.0
    Being purchased 304 30.3
    Rented 287 28.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table