Suburb Profile Report for Amaroo ACT (2914)

Amaroo House: Median price $741,250, Annual capital growth 3.35%, Number of sales 75, Weekly median advertised rent $570

Amaroo Unit: Median price $547,500, Annual capital growth 2.77%, Number of sales 18, Weekly median advertised rent $500

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

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

With a capital gain of 12.31% for the last 12 months, Amaroo, 2914 has performed for property investments than its average annual 3.35% property growth over the last 5 years.

A 35.39% growth in median value for property investors in Amaroo,2914 puts this suburb at number 72th in terms of best performing suburbs in ACT

At number 276th in the list of Australian suburbs ordered by increase in median house value over the last year, Amaroo, 2914 is in the top 20% with a property value increase of 12.60% recorded in median house prices.

Amaroo,2914 has offered an average of 12.60% return per annum in house price rises to property investors over the last three years.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 2.77%.

Information supplied by:


December 2017

M
O

W
E

Gungahlin suburb shines

Postcode: 2914

Median unit price: $479,000

Three-year growth: 14.8%

Rental yield: 5.2%

“A beautiful place” according to an Aboriginal dialect, Amaroo is a fairly new suburb, having been gazetted in the early 1990s. It is now a popular area with a thriving unit market.

Amaroo experienced 12% growth over the past 12 months, with the median unit value clocking in at just under $480,000. The average rental return is high at 5.2%, which could be a draw for investors given the suburb’s steady growth.

Amaroo is just a stone’s throw from the Gungahlin Town Centre, which is a transport hub that is also the site of Calvary Hospital and Canberra Hospital. Amaroo itself is home to Amaroo School, a middle school that has a excellent reputation within the ACT. The institution covers preschool, primary and secondary education.

Metrics i HOUSE UNIT
$741,250 $547,500
1.13% 2.24%
12.31% 12.60%
3.35% 2.77%
$570 $500
75 18
4.00% 4.75%
56.0714285714286 N/A

Source: Monthly data update for Jan 2021 as supplied by CoreLogic. Data is reported to the period ending Oct 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (U)
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