Suburb Profile Report for Aranda ACT (2614)

Aranda House: Median price $940,000, Annual capital growth 5.91%, Number of sales 25, Weekly median advertised rent $700

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.

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House Report

Property investors who have had real estate in Aranda, 2614 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.33%

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

Often selling an investment property can take time, and in Aranda the average time real estate has been on the market is 38.5 days.

Advertised rents are around the $700 mark per week – giving a return of 3.87% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$940,000	N/A
Quarterly growth	5.03%	N/A
12-month growth	6.33%	N/A
Average Annual Growth	5.91%	N/A
Weekly median advertised rent	$700	N/A
Number of sales	25	N/A
Gross rental yield	3.87%	N/A
Days on market	38.5	N/A

Your estimated repayment
$3,636.87/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 : Good (H), Good (U)

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Demographics

Total population	2482
Median household income ($/weekly)	2312
Median age of persons	41
Median housing loan repayment ($/monthly)	2167
Average household size	2.6

Census	Count	Percent(%)
5-14 years	292	11.8
35-44 years	314	12.6
45-54 years	369	14.9
55-64 years	285	11.5
65-74 years	266	10.7
Others	957	38.5

Age Group

Census	Count	Percent(%)
Registered Married	891	52.0
Not Married	625	36.4
Defacto Relationship	199	11.6

Social Marital Status

Census	Count	Percent(%)
Australia	1734	74.9
Croatia	40	1.7
United Kingdom	152	6.6
United States of America	42	1.8
Other	97	4.2
Others	251	10.8

Country of Birth

Census	Count	Percent(%)
Buddhism	38	1.8
Christianity	1024	47.9
Hinduism	20	0.9
Islam	19	0.9
No Religion	1004	47.0
Others	31	1.5

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	88	11.7
$2,000-$2,499	68	9.0
$2,500-$2,999	111	14.7
$3,000-$3,499	76	10.1
$4,000 or more	115	15.3
Others	295	39.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	752	39.2
Not in the labour force	658	34.3
Employed, worked part-time	370	19.3
Employed, away from work	103	5.4
Unemployed, looking for work	35	1.8

Person Characteristics

Census	Count	Percent(%)
Managers	240	19.6
Professionals	512	41.9
Technicians & trades workers	71	5.8
Community & personal service workers	96	7.8
Clerical & administrative workers	184	15.0
Others	120	9.8

Occupation

Census	Count	Percent(%)
Pre-school	38	5.8
Infants/Primary	183	27.9
Secondary	190	29.0
Technical or Further Educational Institution	48	7.3
University or other Tertiary Institutions	190	29.0
Others	6	0.9

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2008	92.5
Semi-detached, row or terrace house, townhouse	121	5.6
Flat, unit or apartment	41	1.9
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0