O'connor

POSTAL CODE: ACT, 2602

HOUSE

UNIT

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

A survey of average capital gains or median home price increase in suburbs across the country shows that O'CONNOR, 2602 obtained a 7.06% growth over a ten-year period. It ranks 1903rd on our list of suburbs that property investors should look into.

O'CONNOR, 2602 in ACT belongs to the local government area of Unincorporated ACT.

O'CONNOR, 2602 has a capital gain of 11.47% for the past year, which is higher than average compared to its 36.01% growth within a five-year period.

With the median home price in O'CONNOR sitting at $1,618,500, and the average rent at $650, property owners could potentially earn a 2.09% increase in gross rental yield.

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

A steady increase in median property prices over a five-year period in O'CONNOR, 2602 translates to a 6.9% capital gain.

Property investors enjoyed capital gains of 6.9% over the last 12 months in O'CONNOR, translating to lower returns compared with its peers in ACT.

O'CONNOR, 2602 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $620,000.

Profits due to an upward trend in home prices in O'CONNOR, 2602 averaged 2.3% per annum over a 3-year period.

Home owners selling their properties and realtors in O'CONNOR usually have to wait an average of 75.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $550 mark, reflecting a 4.61% increase in returns based on the current median price in O'CONNOR.

O'CONNOR, 2602 places 44th in Australia based on median property value growth during the quarter.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,618,500	$620,000
Growth Report
Median Quarterly	4.08%	-4.17%
Median 12 month	11.47%	6.9%
Median 3 years	-0.4%	6.9%
Median 5 years	36.01%	45.88%
10 years average annual	7.06%	5.6%
Weekly media advert. rent	$650	$550
Time on Market	73.9 days	75.2 days
Gross Rental Yield Percent	2.09%	4.61%

Demographics (Median Values)*

Total Population 30450

Weekly Household Income 1930

Household Size 2.40

Average Age 36

Monthly Loan Repayment 2167

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type