Suburb Profile Report for Turner ACT (2612)

Turner House: Median price $1,227,500, Annual capital growth 7.07%, Number of sales 16, Weekly median advertised rent $650

Turner Unit: Median price $502,000, Annual capital growth 1.69%, Number of sales 82, Weekly median advertised rent $498

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

ACT has seen average median house prices change by 4.46% which means that Turner, 2612 has done well for property investors by showing a capital gain of 3.60% over the last year

Turner,2612 has offered an average of 3.60% return per annum in house price rises to property investors over the last three years.

Often selling an investment property can take time, and in Turner the average time real estate has been on the market is 28 days.

Turner is 93th on a list of best yielding suburbs for rents in ACT with a 2.44% return

Turner, 2612 ranked 36th in ACT when comparing growth in median property values or capital gain over the last 12 months. Turner is one of 126 in our list for ACT

Over the longer term, Turner has seen property prices show investors a 6.77% return over the last 3 years. This is worse than over the last 12 months

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 Turner, 2612. Typically our figures indicate that -6.27% is being offered, which puts this ACT suburb at 601th most discounted overall in Australia.

With the median price for a house in Turner being $512500 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 4.87%

Metrics i HOUSE UNIT
$1,227,500 $502,000
-9.07% 1.41%
-7.64% -1.18%
7.07% 1.69%
$650 $498
16 82
2.75% 5.15%
N/A 71.666664

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 3595
Median household income ($/weekly) 1954
Median age of persons 30
Median housing loan repayment ($/monthly) 2297
Average household size 1.9
  • Census Count Percent(%)
    20-24 years 559 15.5
    25-34 years 1174 32.7
    35-44 years 481 13.4
    45-54 years 402 11.2
    55-64 years 297 8.3
    Others 682 19.0
    Age Group
    Census Count Percent(%)
    Not Married 1547 54.2
    Registered Married 806 28.3
    Defacto Relationship 499 17.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 2219 67.8
    Croatia 103 3.1
    Indonesia 58 1.8
    United Kingdom 138 4.2
    Other 268 8.2
    Others 487 14.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 105 3.4
    Christianity 1409 45.3
    Hinduism 56 1.8
    Islam 75 2.4
    No Religion 1423 45.7
    Others 44 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 214 14.2
    $2,000-$2,499 119 7.9
    $2,500-$2,999 256 17.0
    $3,000-$3,499 129 8.6
    $4,000 or more 166 11.0
    Others 619 41.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1702 56.0
    Not in the labour force 677 22.3
    Employed, worked part-time 460 15.1
    Employed, away from work 114 3.8
    Unemployed, looking for work 87 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 398 17.5
    Professionals 1025 45.0
    Technicians & trades workers 119 5.2
    Community & personal service workers 163 7.2
    Clerical & administrative workers 349 15.3
    Others 225 9.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 90 9.9
    Secondary 94 10.3
    Technical or Further Educational Institution 92 10.1
    University or other Tertiary Institutions 581 63.9
    Other type of educational institution 35 3.9
    Others 17 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 1987 62.4
    Separate house 878 27.6
    Semi-detached, row or terrace house, townhouse 317 10.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1048 63.6
    Being purchased 341 20.7
    Fully owned 253 15.3
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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