Suburb Profile Report for Gordon ACT (2906)

Gordon House: Median price $590,000, Annual capital growth 3.15%, Number of sales 81, Weekly median advertised rent $550

Gordon Unit: Median price $400,000, Annual capital growth 2.21%, Number of sales 75, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 3.51% for the last year, Gordon, 2906 is the 2640th highest performer in Australia in this respect.

Over the longer term, Gordon has seen property prices show investors a 6.79% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Gordon should be aiming for at least -4.39% off the asking price, which is the average vendor discount being achieved at the moment.

Gordon, 2906’s gross rental yield is 4.85%

Investment property in Gordon has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.88%

Across a shorter period, Gordon, 2906 has seen a median price increase of 3.90% over the last quarter.

Sellers are offering property buyers an average discount of -3.00% to buyers in Gordon at the moment, which is less than average for the rest of ACT.

Gordon is 30th on a list of best yielding suburbs for rents in ACT with a 5.20% return

Metrics i HOUSE UNIT
$590,000 $400,000
0.00% 3.90%
3.51% 6.88%
3.15% 2.21%
$550 $400
81 75
4.85% 5.20%
59.69 62.62

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 7763
Median household income ($/weekly) 1978
Median age of persons 33
Median housing loan repayment ($/monthly) 2080
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 1136 14.6
    15-19 years 717 9.2
    25-34 years 1044 13.4
    35-44 years 1218 15.7
    45-54 years 1307 16.8
    Others 2344 30.2
    Age Group
    Census Count Percent(%)
    Registered Married 2836 50.5
    Not Married 2139 38.1
    Defacto Relationship 646 11.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 5947 80.2
    Indonesia 89 1.2
    Papua New Guinea 69 0.9
    United Kingdom 309 4.2
    Other 333 4.5
    Others 671 9.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 207 2.9
    Christianity 4869 67.9
    Hinduism 87 1.2
    Islam 148 2.1
    No Religion 1795 25.0
    Others 63 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 364 15.1
    $2,000-$2,499 345 14.3
    $2,500-$2,999 300 12.5
    $3,000-$3,499 229 9.5
    $4,000 or more 193 8.0
    Others 976 40.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3087 53.0
    Not in the labour force 1216 20.9
    Employed, worked part-time 1097 18.8
    Employed, away from work 295 5.1
    Unemployed, looking for work 131 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 630 14.1
    Professionals 908 20.3
    Technicians & trades workers 553 12.4
    Community & personal service workers 448 10.0
    Clerical & administrative workers 1079 24.1
    Others 856 19.1
    Occupation
    Census Count Percent(%)
    Pre-school 121 5.7
    Infants/Primary 676 32.1
    Secondary 742 35.2
    Technical or Further Educational Institution 229 10.9
    University or other Tertiary Institutions 290 13.8
    Others 51 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6504 88.4
    Semi-detached, row or terrace house, townhouse 856 11.6
    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 1440 55.1
    Rented 594 22.7
    Fully owned 571 21.9
    Other tenure type 7 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals