AREA REPORTS

Pearce

ACT/
Pearce

Suburb Profile

Pearce - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2607

house
unit

The suburb 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 $835,000.

The upward trend in home prices in PEARCE, 2607 averaged 7% per annum over a 3-year period.

Average weekly rents on listings have reached the $650 mark, reflecting a 4.05% increase in returns based on the current median price in PEARCE.

An average of 2.75 real estate transactions take place per month in PEARCE which translates to 33 per annum.

33 properties were sold in PEARCE in 2016, making it the 52nd most active market in ACT based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $835,000 $497,500
GROWTH REPORT
Median Quarterly N/A N/A
Median 12 month 1.21% -6.57%
Median 3 years 21.01% 15.97%
Median 5 years 27.48% 1.12%
10 years average annual 4.09% 8.03%
Weekly media advert. rent $650 $450
Time on Market 0.0 days 0.0 days
Gross Rental Yield Percent 4.05% 4.7%
demographics (median values)
Total Population
2507
Weekly Household Income
1376
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

Chris Bowen

Popular borrowing strategy in government’s sights

Using superannuation to borrow spiked in popularity from 2007, but it has become a battleground for both sides of government in the lead up ...

Sydney Australia

Top 50 NSW suburbs for total stamp duty paid revealed

The top 50 suburbs for the total amount of stamp duty paid have been revealed, according to fresh data. ...

House for sale

New-sales data for end of 2018 released

New data has indicated that new home sales have continued their trend of decline through to the end of 2018. ...

Couple talking to a realtor

My secret for maximising your valuation figure

Experienced property investors might think they’ve heard it all before, but when it comes to getting maximum dollars in a valuation report...

Brisbane skyline

Canberra, Adelaide, Brisbane are the property hotspots of 2019, says expert

One property expert cited Adelaide, Canberra and Brisbane as the property investment hotspots of 2019. What’s in store for the capital cit...

Painting a wall

How to make your investment property stand out

No matter how similar all properties look across a block, Suburbanite’s Anna Porter said that investors can induce ‘a sense of scarcity...