Powered by MOMENTUM MEDIA
AREA REPORTS

Hughes

ACT/
Hughes

Suburb Profile

Hughes - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2605

house

A 6.4% increase in median property prices in HUGHES, 2605 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 35th.

A steady increase in median property prices over a five-year period in the suburb translates to a 4.16% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $940,000

The augmented property values in the suburb are trailing above the territorial average of 4.32% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $600.

Home owners selling their properties and realtors in HUGHES usually have to wait an average of 50.0 days days before their assets are lifted off the market.

The ACT suburb ranks 82nd on the list of best yielding suburbs for rental properties in ACT, posting a 3.32% return.

It also places places 19th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $940,000 N/A
GROWTH REPORT
Median Quarterly 4.44% N/A
Median 12 month 6.4% N/A
Median 3 years 4.16% N/A
Median 5 years 34.29% N/A
10 years average annual 4.62% N/A
Weekly media advert. rent $600 N/A
Time on Market 50.0 days N/A
Gross Rental Yield Percent 3.32% N/A
demographics (median values)
Total Population
2896
Weekly Household Income
1521
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

Scott Morrison

The $8 billion tax cash splash and what it means for property values

Australians are cashing in on the federal government's tax cuts and handouts. Here's what it means for local markets.  ...

Australian cash

Cheaper and easier mortgages: a wrap of the big lending changes this month

In response to the cash rate cut and adjustments from the banking regulator, there has been a spate of changes to the cost and serviceabilit...

NAB

Investors win as major bank undercuts competitors with loan changes

NAB has undercut some of its competitors with changes to its mortgage serviceability terms, making it easier for buyers to secure finance fr...

Apartment buildings

Strata community lobbies for huge changes as flammable, dangerous buildings stand

Following four apartment buildings in Sydney becoming ghost towns, the Strata Community Association (NSW) has called for mass reforms to hel...

Steve Waters

Property success is often a state of the mind: Here’s how you master it

Most people like to think important financial decisions rely on a logical interpretation of facts and figures. But I believe one of the bigg...

Drought

Property values are impacted by the drought, 14% gains tipped to tumble

Strong gains of up to 14 per cent in the rural property sector are set to slow as drought-affected lands bring the heat out of the market, a...

Website Notifications

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