Suburb Profile Report for Fadden ACT (2904)

Fadden House: Median price $765,000, Annual capital growth 4.31%, Number of sales 40, Weekly median advertised rent $635

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

If you compare the increase in value of investment property in Fadden, 2904 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this ACT suburb was 0.66%.

Taking the average capital gain, or increase in median house value, Fadden,2904 has racked up an average of 0.66% over the period. This ranks it number 1215th in the whole country for real estate investors looking at median house price increases.

On average over the past year, suburb has had 3.33 sales per month, which equates to 40 per year.

Situated 13.71km from the CBD, Fadden is one of Unincorporated ACT localities in the postcode 2904.

Metrics	HOUSE	UNIT
Median price	$765,000	N/A
Quarterly growth	0.00%	N/A
12-month growth	0.66%	N/A
Average Annual Growth	4.31%	N/A
Weekly median advertised rent	$635	N/A
Number of sales	40	N/A
Gross rental yield	4.32%	N/A
Days on market	57.5	N/A

Your estimated repayment
$2,959.79/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), Good (U)

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Demographics

Total population	3081
Median household income ($/weekly)	2693
Median age of persons	43
Median housing loan repayment ($/monthly)	2167
Average household size	3

Census	Count	Percent(%)
5-14 years	410	13.3
15-19 years	250	8.1
35-44 years	357	11.6
45-54 years	600	19.5
55-64 years	568	18.4
Others	897	29.1

Age Group

Census	Count	Percent(%)
Registered Married	1426	60.0
Not Married	807	34.0
Defacto Relationship	142	6.0

Social Marital Status

Census	Count	Percent(%)
Australia	2355	78.1
Croatia	32	1.1
Papua New Guinea	28	0.9
United Kingdom	209	6.9
Other	106	3.5
Others	284	9.4

Country of Birth

Census	Count	Percent(%)
Buddhism	46	1.6
Christianity	1998	69.2
Hinduism	14	0.5
Islam	35	1.2
No Religion	775	26.8
Others	19	0.7

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	103	11.3
$2,000-$2,499	99	10.9
$2,500-$2,999	143	15.7
$3,000-$3,499	133	14.6
$4,000 or more	175	19.3
Others	256	28.2

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1190	47.6
Not in the labour force	599	24.0
Employed, worked part-time	552	22.1
Employed, away from work	114	4.6
Unemployed, looking for work	45	1.8

Person Characteristics

Census	Count	Percent(%)
Managers	371	20.0
Professionals	539	29.1
Technicians & trades workers	155	8.4
Community & personal service workers	162	8.7
Clerical & administrative workers	382	20.6
Others	246	13.3

Occupation

Census	Count	Percent(%)
Pre-school	28	3.4
Infants/Primary	264	32.4
Secondary	258	31.7
Technical or Further Educational Institution	62	7.6
University or other Tertiary Institutions	187	23.0
Others	15	1.8

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2903	98.6
Semi-detached, row or terrace house, townhouse	41	1.4
Flat, unit or apartment	0	0.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0