Suburb Profile Report for Conder ACT (2906)

Conder House: Median price $587,500, Annual capital growth 2.33%, Number of sales 72, Weekly median advertised rent $543

Conder Unit: Median price $430,000, Annual capital growth 2.59%, Number of sales 25, Weekly median advertised rent $420

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

Property investors who have had real estate in Conder, 2906 should be relatively unhappy 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 0.43%

If we look at median property appreciation over just the last three months, Conder has given property investors a paper return of 0.43%. This puts Suburb as 49 on a list of fastest fasting appreciating suburbs in ACT

Conder, 2906 is offering ACT ‘s 26th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this ACT.

On average over the past year, suburb has had 6.00 sales per month, which equates to 72 per year.

Conder is 5th on a list of best yielding suburbs for rents in ACT with a 4.80% return

If you compare the increase in value of investment property in Conder, 2906 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 9.69%.

The five-year average increase in median property values for Conder,2906 has given property investors a potential capital gain of 11.69% across each of those five years.

Conder, 2906 is offering ACT ‘s 42th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this ACT.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 2.59%, investors should hope to achieve an overall return of 5.08%

Metrics i HOUSE UNIT
$587,500 $430,000
0.43% -1.38%
0.43% 9.69%
2.33% 2.59%
$543 $420
72 25
4.80% 5.08%
46.97 52.21

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 5315
Median household income ($/weekly) 2148
Median age of persons 32
Median housing loan repayment ($/monthly) 2123
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 917 17.3
    15-19 years 501 9.4
    25-34 years 631 11.9
    35-44 years 931 17.5
    45-54 years 847 15.9
    Others 1487 28.0
    Age Group
    Census Count Percent(%)
    Registered Married 1997 52.1
    Not Married 1432 37.4
    Defacto Relationship 404 10.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4154 81.0
    Papua New Guinea 58 1.1
    Philippines 55 1.1
    United Kingdom 236 4.6
    Other 190 3.7
    Others 438 8.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 147 3.0
    Christianity 3381 68.6
    Hinduism 41 0.8
    Islam 118 2.4
    No Religion 1211 24.6
    Others 31 0.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 213 13.8
    $2,000-$2,499 234 15.2
    $2,500-$2,999 187 12.1
    $3,000-$3,499 186 12.1
    $4,000 or more 146 9.5
    Others 575 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2073 52.5
    Not in the labour force 818 20.7
    Employed, worked part-time 777 19.7
    Employed, away from work 197 5.0
    Unemployed, looking for work 81 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 457 15.0
    Professionals 579 19.0
    Technicians & trades workers 403 13.2
    Community & personal service workers 308 10.1
    Clerical & administrative workers 714 23.4
    Others 586 19.2
    Occupation
    Census Count Percent(%)
    Pre-school 84 5.2
    Infants/Primary 563 34.8
    Secondary 570 35.2
    Technical or Further Educational Institution 162 10.0
    University or other Tertiary Institutions 203 12.5
    Others 37 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4564 89.4
    Semi-detached, row or terrace house, townhouse 539 10.6
    Flat, unit or apartment 5 0.1
    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 982 58.2
    Rented 360 21.3
    Fully owned 339 20.1
    Other tenure type 6 0.4
    Tenure Type
Census 2011, ABS
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