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AREA REPORTS

Cook

ACT/
Cook

Suburb Profile

Cook - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2614

house
unit

Property investors enjoyed capital gains of 12.63% over the last 12 months in COOK, translating to lower returns compared with its peers in ACT.

A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 5.19% growth over a ten-year period. It ranks 1623rd on our list of suburbs that property investors should look into.

COOK, 2614 has a capital gain of 12.63% for the past year, which is higher than average compared to its 40.78% growth within a five-year period.

With the median home price in COOK sitting at $771,500, and the average rent at $520, property owners could potentially earn a 3.5% increase in gross rental yield.

A 12.63% increase in median property prices in COOK, 2614 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 9th.

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

COOK, 2614 in ACT belongs to the local government area of Unincorporated ACT.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $771,500 $596,000
GROWTH REPORT
Median Quarterly 1.51% N/A
Median 12 month 12.63% 14.4%
Median 3 years 22.27% 26.81%
Median 5 years 40.78% 29.57%
10 years average annual 5.19% 5.28%
Weekly media advert. rent $520 $450
Time on Market 37.0 days 0.0 days
Gross Rental Yield Percent 3.5% 3.93%
demographics (median values)
Total Population
2815
Weekly Household Income
1416
Household Size
2.20
demographics
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