Powered by MOMENTUM MEDIA
AREA REPORTS

Cook

Suburb Profile

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

house
unit

A survey of average capital gains or median home price increase in suburbs across the country shows that the ACT suburb obtained a 4.18% growth over a ten-year period. It ranks 1908th on our list of suburbs that property investors should look into.

COOK, 2614 has a capital gain of -2.06% for the past year, which is lower than average compared to its 27.09% growth within a five-year period.

With the median home price in COOK sitting at $760,000, and the average rent at $510, property owners could potentially earn a 3.49% increase in gross rental yield.

A -2.06% 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 70th.

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 $760,000 $537,500
GROWTH REPORT
Median Quarterly -2.25% -0.46%
Median 12 month -2.06% -1.38%
Median 3 years 19.69% 10.54%
Median 5 years 27.09% 20.79%
10 years average annual 4.18% 3%
Weekly media advert. rent $510 $450
Time on Market 36.0 days 55.2 days
Gross Rental Yield Percent 3.49% 4.35%
demographics (median values)
Total Population
2815
Weekly Household Income
1416
Household Size
2.20
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

housing market

Housing market reached turning point mid-2019

New research has supported the idea that Australia’s housing market “reached a turning point” midway through 2019. ...

agent on phone

How agents aim to be close to sellers amid health crisis

“Social distancing – no. Physical distancing – yes,” says Mark Armstrong, CEO and co-founder of RateMyAgent. ...

Melbourne

Property market update: Melbourne, March 2020

The world came to a halt in March following the imposition of city-wide lockdowns to combat the spread of COVID-19. How will the Melbourne p...

rent

How long can ‘JobKeepers’ afford their rent?

Following a raft of fiscal changes to protect businesses and workers, the focus has shifted to housing, with landlords and tenants urged to ...

Commercial rent relief code revealed

Commercial rent relief code revealed

The government has unveiled its previously announced commercial leasing code of conduct, which aims to protect tenants and landlords facing ...

financial impacts of coronavirus

I’m worried about the potential financial impacts of coronavirus, should I sell off some investments to free up cash flow?

With a recession seemingly imminent, many investors are understandably concerned as they’ve seen their share investments drop in value, wr...

Website Notifications

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