Powered by MOMENTUM MEDIA
AREA REPORTS

Downer

ACT/
Downer

Suburb Profile

Downer - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2602

house

Property investments in DOWNER did not fare well against the rest of the country last year, registering a median home price decrease of -2.67%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains DOWNER, 2602 saw average growth in the long term.

Real estate investors could earn a rental income of $580 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 35.2 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $819,500.

DOWNER ranks 74th on the list of best yielding suburbs for rental properties in ACT, posting a 3.68% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $819,500 N/A
GROWTH REPORT
Median Quarterly -1.86% N/A
Median 12 month -2.67% N/A
Median 3 years 21.54% N/A
Median 5 years 40.09% N/A
10 years average annual 6.19% N/A
Weekly media advert. rent $580 N/A
Time on Market 35.2 days N/A
Gross Rental Yield Percent 3.68% N/A
demographics (median values)
Total Population
3373
Weekly Household Income
1180
Household Size
2.40
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Renovation

Where are homeowners placing their renovation efforts?

New research has shown where property owners are putting their money when it comes to renovations, with kitchens claiming the top spot for s...

Quirin Schwaighofer

How short-term rentals are changing the property game

There are five ways that short-term rentals are impacting Australia’s property sector, according to insight from a property management com...

Amanda Gould

Award-winning buyer’s agent reveals biggest investor blunders

An award-winning buyer’s agent has provided insight on the biggest mistakes investors make when it comes to renovating property. ...

Construction work

Why you need to be proactive when dealing with defects

Queensland homeowners are being urged to be proactive, rather than reactive, when it comes to dealing with defective construction work. ...

Property price fall

How much has your property fallen in the last quarter?

Residential property prices fell by 0.7 per cent in the June quarter, according to newly released national figures. ...

Michael Lawrence

Mutual banks’ lending growth outpaces majors

Customer-owned banking institutions wrote $6.6 billion in the 2019 financial year, up 7.8 per cent from the previous year and outpacing grow...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.