Suburb Profile Report for Weetangera ACT (2614)

Weetangera House: Median price $812,500, Annual capital growth 3.09%, Number of sales 42, Weekly median advertised rent $600

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

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

  • House Report

Weetangera has had a very poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -8.99% to date .

The five-year average increase in median property values for Weetangera,2614 has given property investors a potential capital gain of 13.29% across each of those five years.

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 Weetangera, 2614. Typically our figures indicate that -0.87% is being offered, which puts this ACT suburb at 4021th most discounted overall in Australia.

At number 2709 in a list of fastest selling suburbs, Weetangera is in the bottom 40% of suburbs in Australia with an average of days on market 84.8 for properties listed there.

Renters in Suburb are facing rents around $29640 per annum or $570 every week.

Metrics i HOUSE UNIT
$812,500 N/A
-0.31% N/A
-3.27% N/A
3.09% N/A
$600 N/A
42 N/A
3.84% N/A
68.25 N/A

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

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 2609
Median household income ($/weekly) 2446
Median age of persons 40
Median housing loan repayment ($/monthly) 2329
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 388 14.9
    35-44 years 388 14.9
    45-54 years 343 13.2
    55-64 years 313 12.0
    65-74 years 277 10.6
    Others 898 34.4
    Age Group
    Census Count Percent(%)
    Registered Married 1160 61.1
    Not Married 630 33.2
    Defacto Relationship 107 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1918 75.5
    Japan 40 1.6
    United Kingdom 166 6.5
    United States of America 38 1.5
    Other 109 4.3
    Others 271 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.5
    Christianity 1494 61.7
    Hinduism 27 1.1
    Islam 45 1.9
    No Religion 810 33.5
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 87 11.0
    $2,000-$2,499 64 8.1
    $2,500-$2,999 111 14.0
    $3,000-$3,499 97 12.3
    $4,000 or more 122 15.4
    Others 310 39.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 825 41.3
    Not in the labour force 647 32.4
    Employed, worked part-time 399 20.0
    Employed, away from work 81 4.1
    Unemployed, looking for work 47 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 247 18.9
    Professionals 484 37.1
    Technicians & trades workers 104 8.0
    Community & personal service workers 96 7.4
    Clerical & administrative workers 226 17.3
    Others 148 11.3
    Occupation
    Census Count Percent(%)
    Pre-school 48 6.3
    Infants/Primary 282 37.3
    Secondary 182 24.0
    Technical or Further Educational Institution 59 7.8
    University or other Tertiary Institutions 174 23.0
    Others 12 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2290 92.0
    Semi-detached, row or terrace house, townhouse 181 7.3
    Flat, unit or apartment 13 0.5
    House or flat attached to a shop, office 4 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 423 48.8
    Being purchased 317 36.6
    Rented 124 14.3
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
Chart Table