Powered by MOMENTUM MEDIA
AREA REPORTS

Chifley

Suburb Profile

Chifley - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2606

house
unit

Property investors enjoyed capital gains of 9.73% over the last 12 months in CHIFLEY, translating to lower returns compared with its peers in ACT.

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

The suburb posted a 12% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.

On average, rents on listings have reached the $590 mark, reflecting a 3.78% increase in returns based on the current median price in CHIFLEY.

CHIFLEY, 2606 ranks 12th in ACT in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 69th on the list of best yielding suburbs for rental properties in ACT, posting a 3.78% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $812,000 $324,000
GROWTH REPORT
Median Quarterly 3.97% 2.86%
Median 12 month 9.73% -15.84%
Median 3 years 12% -6.36%
Median 5 years 41.22% -40.98%
10 years average annual 4.73% 3.72%
Weekly media advert. rent $590 $425
Time on Market 63.6 days 97.6 days
Gross Rental Yield Percent 3.78% 6.82%
demographics (median values)
Total Population
2325
Weekly Household Income
1254
Household Size
2.30
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

commercial warehouse

‘It’s a terrific time to be investing in commercial property’: Ray White

Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...

Michael Sukkar

Moratorium does not mean rent-free

Landlords have received welcome news, with the Minister for Housing confirming there is no rental freeze during the moratorium. ...

Philip Lowe

Negative interest rates out of the question: RBA

The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...

Home-lending backdrop to slow slide in property prices

Home-lending backdrop to slow slide in property prices

Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in ho...

Construction spikes before virus shock

Construction spikes before virus shock

The number of dwellings approved for construction in February jumped by almost 20 per cent when compared with January, highlighting the stre...

Andrew Wallace MP

Homelessness inquiry suspended

The House of Representatives standing committee on social policy and legal affairs has agreed to suspend its inquiry into homelessness in Au...

Website Notifications

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