AREA REPORTS

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 7.18% growth over a ten-year period. It ranks 906th 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 12.07% for the past year, which is higher than average compared to its 52.94% growth within a five-year period.

With the median home price in O'CONNOR sitting at $1,170,000, and the average rent at $560, property owners could potentially earn a 2.49% 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 12.07% 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 10th.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,170,000 $510,000
GROWTH REPORT
Median Quarterly 0.43% -5.56%
Median 12 month 12.07% 6.25%
Median 3 years 47.17% 25.93%
Median 5 years 52.94% 2.02%
10 years average annual 7.18% 3.48%
Weekly media advert. rent $560 $440
Time on Market 68.5 days 79.7 days
Gross Rental Yield Percent 2.49% 4.49%
demographics (median values)
Total Population
4908
Weekly Household Income
1471
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

Pet dog

Queensland pet reform proposals cop criticism

The Queensland government is considering making it easier for tenants to own pets in a rental property, but some think the changes could be ...

Electronic tenancy agreement

New laws pass for signing residential property agreements

New legislation has passed in NSW parliament that allows for residential agreements to be signed and witnessed electronically, but there...

Property for sale

75% of property sold at below asking price last quarter

More than 75 per cent of properties that sold over the three months to October were less than their original purchase price, new data reveal...

property hotspots

‘Era of property hotspots’ has ended, says economist

While the Australian property market remains far from a cataclysmic fall, economist Dr Andrew Wilson believes that fundamental changes will ...

BLOG: Make sure your property manager isn’t taking you for a ride

We have some exceptional property managers who do the heavy lifting for us in our portfolios. They’re a very important part of our asset m...

Gavel

Property spruiker hit with record $18 million fine

The Federal Court has imposed a record penalty against a property spruiker and his firm for false or misleading representations about how pe...