Suburb Profile Report for Scullin ACT (2614)

Scullin House: Median price $580,000, Annual capital growth 4.55%, Number of sales 40, Weekly median advertised rent $500

Scullin Unit: Median price $421,500, Annual capital growth 5.24%, Number of sales 10, Weekly median advertised rent $410

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
Unit Report

Scullin, 2614 ranked 50th in ACT when comparing growth in median property values or capital gain over the last 12 months. Scullin is one of 126 in our list for ACT

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

Over the last year, property investments in Scullin, 2614 have given investors a capital gain of 17.57%. This compares very favourably with the 1.33% for ACT as a whole.

Scullin,2614 was ranked 62 in Australia by increase in median property value over the quarter.

Advertised rents are around the $410 mark per week – giving a return of 5.06% based on the median price in Suburb

Metrics	HOUSE	UNIT
Median price	$580,000	$421,500
Quarterly growth	0.87%	10.34%
12-month growth	1.67%	17.57%
Average Annual Growth	4.55%	5.24%
Weekly median advertised rent	$500	$410
Number of sales	40	10
Gross rental yield	4.48%	5.06%
Days on market	78.8	N/A

Your estimated repayment
$2,244.03/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), 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