Suburb Profile Report for Duffy ACT (2611)

Duffy House: Median price $683,500, Annual capital growth 3.91%, Number of sales 40, Weekly median advertised rent $565

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

With a capital gain of -0.07% for the last 12 months, Duffy, 2611 has performed for property investments than its average annual 3.91% property growth over the last 5 years.

Comparing Duffy,2611 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Duffy are currently offering property investors an average price cut of -3.04% below the asking price at the moment.

Duffy is 28th on a list of best yielding suburbs for rents in ACT with a 4.30% return

Information supplied by:


August 2017

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About 15 minutes southwest of Canberra, the suburb of Duffy is riding the wave of the state’s momentum as house values have gotten a near 19% boost in the past 12 months leading up to May 2017.Full summary

Houses are in demand in tightly occupied suburb

Postcode: 2611

Median house price: $707,500

Three-year growth: 29.82%

Rental yield: 4.04%

About 15 minutes southwest of Canberra, the suburb of Duffy is riding the wave of the state’s momentum as house values have gotten a near 19% boost in the past 12 months leading up to May 2017. 

Even with a median price of above $700,000, houses are selling at a very low average discount rate of 2.44%. Investors may consider the cost worth it given the reasonable yield of 4.04%; the tight vacancy rate of 0.42% suggests that there won’t be a shortage of interested tenants.

There are a couple of schools for young children in the suburb, and a community oval has also been established nearby. Duffy Primary School is next door to shops on Burrinjuck Crescent, which serves as a stop for buses heading to Canberra.

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Metrics i HOUSE UNIT
$683,500 N/A
-0.51% N/A
-0.07% N/A
3.91% N/A
$565 N/A
40 N/A
4.30% N/A
48.72 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 3241
Median household income ($/weekly) 1962
Median age of persons 38
Median housing loan repayment ($/monthly) 2167
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 505 15.6
    25-34 years 347 10.7
    35-44 years 578 17.8
    45-54 years 426 13.1
    55-64 years 362 11.2
    Others 1024 31.6
    Age Group
    Census Count Percent(%)
    Registered Married 1247 53.6
    Not Married 843 36.3
    Defacto Relationship 235 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2565 82.0
    Greece 30 1.0
    Papua New Guinea 32 1.0
    United Kingdom 167 5.3
    Other 116 3.7
    Others 217 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.7
    Christianity 1796 60.2
    Hinduism 17 0.6
    Other Religious Groups 31 1.0
    No Religion 1092 36.6
    Others 25 0.8
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 147 13.8
    $2,000-$2,499 112 10.5
    $2,500-$2,999 118 11.1
    $3,000-$3,499 121 11.4
    $4,000 or more 114 10.7
    Others 454 42.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1074 44.5
    Not in the labour force 696 28.8
    Employed, worked part-time 480 19.9
    Employed, away from work 117 4.8
    Unemployed, looking for work 46 1.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 328 19.6
    Professionals 521 31.2
    Technicians & trades workers 148 8.9
    Community & personal service workers 148 8.9
    Clerical & administrative workers 317 19.0
    Others 209 12.5
    Occupation
    Census Count Percent(%)
    Pre-school 50 5.7
    Infants/Primary 355 40.2
    Secondary 227 25.7
    Technical or Further Educational Institution 74 8.4
    University or other Tertiary Institutions 158 17.9
    Others 18 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2861 92.5
    Semi-detached, row or terrace house, townhouse 163 5.3
    Flat, unit or apartment 70 2.3
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 485 41.8
    Fully owned 440 37.9
    Rented 236 20.3
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals