Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $580,000, Annual capital growth 4.46%, Number of sales 43, Weekly median advertised rent $490

Scullin Unit: Median price $382,000, Annual capital growth -3.34%, Number of sales 13, Weekly median advertised rent $400

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report
Unit Report

Investment property in Scullin has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.84%

When looking at the potential capital gains offered to property investors over the last 3 years, Scullin comes in at number 14th in ACT.

Renters in Suburb are facing rents around $25480 per annum or $490 every week.

Scullin is an average performer in ACT when comparing median price capital growth over the last year. Scullin gave property investors a good capital gain figure when compared to the rest of the state, with 4.66%.

Scullin is 29th on a list of best yielding suburbs for rents in ACT with a 5.45% return

Metrics	HOUSE	UNIT
Median price	$580,000	$382,000
Quarterly growth	-0.43%	3.95%
12-month growth	2.84%	4.66%
Average Annual Growth	4.46%	-3.34%
Weekly median advertised rent	$490	$400
Number of sales	43	13
Gross rental yield	4.39%	5.45%
Days on market	49.24138	N/A

Your estimated repayment
$2,345.35/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.59% interest rate.

DSR Score for property investment : Good (H), Above average (U)

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Demographics

Total population	2814
Median household income ($/weekly)	1495
Median age of persons	34
Median housing loan repayment ($/monthly)	1863
Average household size	2.4

Census	Count	Percent(%)
5-14 years	297	10.6
25-34 years	487	17.3
35-44 years	421	15.0
45-54 years	331	11.8
55-64 years	290	10.3
Others	989	35.1

Age Group

Census	Count	Percent(%)
Not Married	950	44.8
Registered Married	948	44.7
Defacto Relationship	223	10.5

Social Marital Status

Census	Count	Percent(%)
Australia	2024	75.2
Croatia	55	2.0
Indonesia	63	2.3
United Kingdom	129	4.8
Other	180	6.7
Others	242	9.0

Country of Birth

Census	Count	Percent(%)
Buddhism	75	2.9
Christianity	1435	56.0
Hinduism	67	2.6
Islam	83	3.2
No Religion	877	34.2
Others	26	1.0

Religious Affiliation

Census	Count	Percent(%)
$1,000-$1,249	100	9.9
$1,250-$1,499	86	8.5
$1,500-$1,999	150	14.8
$2,000-$2,499	103	10.1
$2,500-$2,999	108	10.6
Others	468	46.1

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	923	41.8
Not in the labour force	701	31.8
Employed, worked part-time	421	19.1
Employed, away from work	110	5.0
Unemployed, looking for work	51	2.3

Person Characteristics

Census	Count	Percent(%)
Managers	182	12.5
Professionals	409	28.1
Technicians & trades workers	174	12.0
Community & personal service workers	136	9.3
Clerical & administrative workers	270	18.5
Others	285	19.6

Occupation

Census	Count	Percent(%)
Pre-school	30	4.5
Infants/Primary	202	30.2
Secondary	152	22.7
Technical or Further Educational Institution	97	14.5
University or other Tertiary Institutions	166	24.8
Others	22	3.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2242	84.0
Semi-detached, row or terrace house, townhouse	295	11.0
Flat, unit or apartment	133	5.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0