Suburb Profile Report for Gowrie ACT (2904)

Gowrie House: Median price $640,000, Annual capital growth 4.03%, Number of sales 34, Weekly median advertised rent $575

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.

Are you moving house? Our tip: move your mortgage too.

House Report

Gowrie is in the TOP 20% in ACT when comparing median price capital growth over the last year. Gowrie gave property investors a very good capital gain figure when compared to the rest of the state, with 10.97%.

A 24.03% growth in median value for property investors in Gowrie,2904 puts this suburb at number 22th in terms of best performing suburbs in ACT

Often selling an investment property can take time, and in Gowrie the average time real estate has been on the market is 45.5769 days.

Using the current median advertised rental of $575 and the average annual increase in value of a median property of 4.03%, investors should hope to achieve an overall return of 4.67%

Metrics	HOUSE	UNIT
Median price	$640,000	N/A
Quarterly growth	2.73%	N/A
12-month growth	10.97%	N/A
Average Annual Growth	4.03%	N/A
Weekly median advertised rent	$575	N/A
Number of sales	34	N/A
Gross rental yield	4.67%	N/A
Days on market	45.5769230769231	N/A

Your estimated repayment
$2,476.17/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 : Very good (H), Above average (U)

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Demographics

Total population	3072
Median household income ($/weekly)	2141
Median age of persons	38
Median housing loan repayment ($/monthly)	1946
Average household size	2.8

Census	Count	Percent(%)
5-14 years	398	13.0
25-34 years	377	12.3
35-44 years	424	13.8
45-54 years	492	16.0
55-64 years	485	15.8
Others	896	29.2

Age Group

Census	Count	Percent(%)
Registered Married	1227	53.1
Not Married	913	39.5
Defacto Relationship	171	7.4

Social Marital Status

Census	Count	Percent(%)
Australia	2370	80.6
Indonesia	33	1.1
Papua New Guinea	32	1.1
United Kingdom	152	5.2
Other	92	3.1
Others	262	8.9

Country of Birth

Census	Count	Percent(%)
Buddhism	61	2.1
Christianity	2019	70.4
Islam	40	1.4
Other Religious Groups	24	0.8
No Religion	703	24.5
Others	19	0.7

Religious Affiliation

Census	Count	Percent(%)
$1,500-$1,999	133	13.7
$2,000-$2,499	140	14.4
$2,500-$2,999	136	14.0
$3,000-$3,499	116	11.9
$4,000 or more	85	8.7
Others	363	37.3

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	1136	47.5
Not in the labour force	607	25.4
Employed, worked part-time	468	19.5
Employed, away from work	130	5.4
Unemployed, looking for work	53	2.2

Person Characteristics

Census	Count	Percent(%)
Managers	278	16.0
Professionals	407	23.4
Technicians & trades workers	212	12.2
Community & personal service workers	177	10.2
Clerical & administrative workers	367	21.1
Others	295	17.0

Occupation

Census	Count	Percent(%)
Pre-school	37	5.0
Infants/Primary	263	35.4
Secondary	223	30.0
Technical or Further Educational Institution	77	10.4
University or other Tertiary Institutions	126	17.0
Others	17	2.3

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	2929	99.6
Semi-detached, row or terrace house, townhouse	11	0.4
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