Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $568,000, Annual capital growth 4.56%, Number of sales 35, Weekly median advertised rent $463

Scullin Unit: Median price $370,000, Annual capital growth 2.61%, Number of sales 16, Weekly median advertised rent $383

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 16.16% for the last 12 months, Scullin, 2614 has performed for property investments than its average annual 4.56% property growth over the last 5 years.

Taking the average capital gain, or increase in median house value, Scullin,2614 has racked up an average of 16.16% over the period. This ranks it number 1822th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Scullin is $568000, with sellers offering an average of -3.64% off the asking price.

With the median price for a house in Scullin being $568000 and the advertised rent reaching $462.5 the gross rental yield for property investors calculates out to be 4.23%

Property investors who have had real estate in Scullin, 2614 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.84%

While Scullin,2614 ranked number 56th in ACT for increase in median house value (annualised) increase, it is ranked 40th over the last 5 years.

Our latest figures would indicate that property sellers in Scullin are currently offering property investors an average price cut of -3.54% below the asking price at the moment.

Renters in Suburb are facing rents around $4590 per annum or $382.5 every week.

Metrics i HOUSE UNIT
$568,000 $370,000
3.46% -3.24%
16.16% -10.84%
4.56% 2.61%
$463 $383
35 16
4.23% 5.38%
33.3 88.71

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 396 36.4
    Rented 362 33.2
    Fully owned 331 30.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals