Suburb Profile Report for Chisholm ACT (2905)

Chisholm House: Median price $560,000, Annual capital growth 3.45%, Number of sales 55, Weekly median advertised rent $530

Chisholm Unit: Median price $422,500, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report
  • Expert Report

Chisholm, 2905 ranked 32th in ACT when comparing growth in median property values or capital gain over the last 12 months. Chisholm is one of 126 in our list for ACT

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Chisholm has increased when compared to the 5 year average annual rate.

Our latest figures would indicate that property sellers in Chisholm are currently offering property investors an average price cut of -2.59% below the asking price at the moment.

On average over the past year, suburb has had 4.58 sales per month, which equates to 55 per year.

Advertised rents are around the $530 mark per week – giving a return of 4.92% based on the median price in Suburb

Information supplied by:


September 2017

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Named for renowned humanitarian Caroline Chisholm, the suburb of Chisholm in Canberra heroes women through its street names.Full summary

Competition is high with low stock

Postcode: 2905

Median house price: $512,500

Stock on market: -28.6%

12-month growth: 5.1%

Named for renowned humanitarian Caroline Chisholm, the suburb of Chisholm in Canberra heroes women through its street names.

As demand climbs in the ACT, this suburb has been riding the momentum by keeping supply low in order to spur competition – an effective tactic as house prices rose by 5.1% over the previous year leading up to July 2017. Even with the median value surpassing $500,000, the average discount rate is a very low 2.3%. Demand could be in part due to investors coming in as well, attracted by the high average discount rate of 4.6%

Chisholm is an education hub, as the site of both the junior and senior campuses of Caroline Chisholm School. Shops, supermarkets and childcare services are available at Chisholm Group Centre. Residents also enjoy playing sports at the local neighbourhood oval, tennis club and playing fields.

Close
Metrics i HOUSE UNIT
$560,000 $422,500
2.29% N/A
9.27% N/A
3.45% N/A
$530 N/A
55 10
4.92% N/A
52.74 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
Find a mortgage broker in Chisholm ACT
Demographics
Total population 5238
Median household income ($/weekly) 1958
Median age of persons 33
Median housing loan repayment ($/monthly) 2000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 741 14.1
    25-34 years 698 13.3
    35-44 years 704 13.4
    45-54 years 939 17.9
    55-64 years 570 10.9
    Others 1585 30.3
    Age Group
    Census Count Percent(%)
    Registered Married 1870 48.0
    Not Married 1600 41.1
    Defacto Relationship 425 10.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4279 83.9
    Papua New Guinea 80 1.6
    Philippines 35 0.7
    United Kingdom 214 4.2
    Other 161 3.2
    Others 330 6.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 108 2.2
    Christianity 3375 68.7
    Islam 72 1.5
    Other Religious Groups 26 0.5
    No Religion 1308 26.6
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 219 13.5
    $2,000-$2,499 206 12.7
    $2,500-$2,999 212 13.1
    $3,000-$3,499 151 9.3
    $4,000 or more 134 8.3
    Others 696 43.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2082 51.6
    Not in the labour force 850 21.1
    Employed, worked part-time 802 19.9
    Employed, away from work 202 5.0
    Unemployed, looking for work 97 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 393 12.7
    Professionals 570 18.5
    Technicians & trades workers 455 14.7
    Community & personal service workers 327 10.6
    Clerical & administrative workers 683 22.1
    Others 660 21.4
    Occupation
    Census Count Percent(%)
    Pre-school 89 6.3
    Infants/Primary 456 32.0
    Secondary 439 30.9
    Technical or Further Educational Institution 168 11.8
    University or other Tertiary Institutions 239 16.8
    Others 32 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4974 98.2
    Semi-detached, row or terrace house, townhouse 89 1.8
    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
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 955 54.3
    Fully owned 429 24.4
    Rented 367 20.9
    Other tenure type 9 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals