Suburb Profile Report for Mckellar ACT (2617)

Mckellar House: Median price $767,500, Annual capital growth 4.88%, Number of sales 30, Weekly median advertised rent $600

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

Source: CoreLogic

  • House Report

Mckellar has had a pretty good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 10.83% to date .

Comparing Mckellar,2617 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property investors looking for a bargain in Mckellar should be aiming for at least -3.77% off the asking price, which is the average vendor discount being achieved at the moment.

On average over the past year, suburb has had 2.50 sales per month, which equates to 30 per year.

A $600 per week rent on the median house gives suburb investors a gross yield of circa 4.07%, without taking into account capital value appreciation, which has been averaging out at 4.88%.

Metrics i HOUSE UNIT
$767,500 N/A
8.48% N/A
10.83% N/A
4.88% N/A
$600 N/A
30 N/A
4.07% N/A
60.71 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2798
Median household income ($/weekly) 2125
Median age of persons 38
Median housing loan repayment ($/monthly) 2200
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 357 12.8
    25-34 years 314 11.2
    35-44 years 362 12.9
    45-54 years 421 15.0
    55-64 years 452 16.1
    Others 893 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 1169 54.9
    Not Married 821 38.6
    Defacto Relationship 138 6.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1929 71.3
    Croatia 60 2.2
    Egypt 49 1.8
    United Kingdom 92 3.4
    Other 176 6.5
    Others 399 14.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 108 4.1
    Christianity 1740 66.6
    Hinduism 39 1.5
    Islam 76 2.9
    No Religion 618 23.6
    Others 33 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 98 11.6
    $2,000-$2,499 92 10.9
    $2,500-$2,999 113 13.4
    $3,000-$3,499 93 11.0
    $4,000 or more 90 10.7
    Others 359 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 978 44.3
    Not in the labour force 633 28.7
    Employed, worked part-time 437 19.8
    Employed, away from work 102 4.6
    Unemployed, looking for work 57 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 237 15.7
    Professionals 407 26.9
    Technicians & trades workers 144 9.5
    Community & personal service workers 154 10.2
    Clerical & administrative workers 295 19.5
    Others 276 18.2
    Occupation
    Census Count Percent(%)
    Pre-school 33 4.4
    Infants/Primary 233 31.1
    Secondary 218 29.1
    Technical or Further Educational Institution 67 8.9
    University or other Tertiary Institutions 181 24.1
    Others 18 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2603 96.9
    Semi-detached, row or terrace house, townhouse 77 2.9
    Flat, unit or apartment 5 0.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 363 39.0
    Being purchased 359 38.6
    Rented 209 22.4
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals