Suburb Profile Report for Weetangera ACT (2614)

Weetangera House: Median price $815,000, Annual capital growth 3.01%, Number of sales 46, Weekly median advertised rent $570

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

If you compare the increase in value of investment property in Weetangera, 2614 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -9.70%.

Comparing Weetangera,2614 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Weetangera 2614 should be seeing an average reduction in asking price of around -0.87% . This means that Weetangera is holding prices well when compared to other suburbs in ACT.

At number 2780 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.

With the median price for a house in Weetangera being $815000 and the advertised rent reaching $570 the gross rental yield for property investors calculates out to be 3.64%

Metrics i HOUSE UNIT
$815,000 N/A
-0.12% N/A
-9.70% N/A
3.01% N/A
$570 N/A
46 N/A
3.64% N/A
84.8 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

DSR Score for property investment : Good (H), Balanced (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
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Recent sales & rentals