ACT/
O'connor

Suburb Profile

O'connor - FREE SUBURB PROFILE REPORT
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 6.86% growth over a ten-year period. It ranks 934th 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 11.41% for the past year, which is higher than average compared to its 38.16% growth within a five-year period.

With the median home price in O'CONNOR sitting at $1,050,000, and the average rent at $590, property owners could potentially earn a 2.92% 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 11.41% increase in median property prices in O'CONNOR, 2602 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 25th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,050,000 $421,000
GROWTH REPORT
Median Quarterly 7.31% 1.32%
Median 12 month 11.41% -14.52%
Median 3 years 40% -8.48%
Median 5 years 38.16% -2.66%
10 years average annual 6.86% 1.4%
Weekly media advert. rent $590 $450
Time on Market 90.8 days 97.2 days
Gross Rental Yield Percent 2.92% 5.56%
demographics (median values)
Total Population
4908
Weekly Household Income
1471
Household Size
2.40
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