Suburb Profile Report for Flynn ACT (2615)

Flynn House: Median price $586,250, Annual capital growth 4.19%, Number of sales 66, Weekly median advertised rent $490

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Flynn, 2615 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.94%

When looking at the potential capital gains offered to property investors over the last 3 years, Flynn comes in at number 51th in ACT.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.63% offered to property buyers. Sellers in Flynn itself are offering an average vendor discount of -4.39% to real estate investors.

At number 564 in a list of fastest selling suburbs, Flynn is just in the top half of suburbs in Australia with an average of days on market 52.96 for properties listed there.

A $490 per week rent on the median house gives suburb investors a gross yield of circa 4.35%, without taking into account capital value appreciation, which has been averaging out at 4.19%.

Metrics i HOUSE UNIT
$586,250 N/A
3.67% N/A
9.94% N/A
4.19% N/A
$490 N/A
66 N/A
4.35% N/A
52.96 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 3555
Median household income ($/weekly) 2149
Median age of persons 38
Median housing loan repayment ($/monthly) 1950
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 500 14.1
    25-34 years 441 12.4
    35-44 years 541 15.2
    45-54 years 497 14.0
    55-64 years 522 14.7
    Others 1055 29.7
    Age Group
    Census Count Percent(%)
    Registered Married 1418 56.1
    Not Married 876 34.6
    Defacto Relationship 235 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2676 81.5
    Croatia 27 0.8
    Papua New Guinea 33 1.0
    United Kingdom 135 4.1
    Other 128 3.9
    Others 284 8.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.1
    Christianity 2031 64.4
    Hinduism 30 1.0
    Islam 19 0.6
    No Religion 1021 32.4
    Others 15 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 139 13.2
    $2,000-$2,499 140 13.3
    $2,500-$2,999 136 13.0
    $3,000-$3,499 127 12.1
    $4,000 or more 98 9.3
    Others 410 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1240 47.1
    Not in the labour force 702 26.7
    Employed, worked part-time 527 20.0
    Employed, away from work 113 4.3
    Unemployed, looking for work 52 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 294 15.7
    Professionals 454 24.2
    Technicians & trades workers 225 12.0
    Community & personal service workers 171 9.1
    Clerical & administrative workers 403 21.5
    Others 327 17.4
    Occupation
    Census Count Percent(%)
    Pre-school 46 5.1
    Infants/Primary 320 35.5
    Secondary 253 28.0
    Technical or Further Educational Institution 91 10.1
    University or other Tertiary Institutions 171 19.0
    Others 21 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3167 98.6
    Semi-detached, row or terrace house, townhouse 30 0.9
    Flat, unit or apartment 16 0.5
    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 544 48.1
    Fully owned 411 36.3
    Rented 176 15.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals