ACT/
Scullin

Suburb Profile

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

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Homeowners and real estate investors betting on SCULLIN, 2614 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 14%.

A steady increase in median property prices over a five-year period in the suburb translates to a 22.55% capital gain.

Property investors in SCULLIN enjoyed capital gains of 14% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $570,000.

Profits due to an upward trend in home prices there averaged 7.52% per annum over a 3-year period.

Home owners selling their properties and realtors in SCULLIN usually have to wait an average of 33.8 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $465 mark, reflecting a 4.24% increase in returns based on the current median price in SCULLIN.

SCULLIN, 2614 places 40th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $570,000 $394,750
GROWTH REPORT
Median Quarterly 2.2% 6.69%
Median 12 month 14% -4.88%
Median 3 years 22.55% 6.98%
Median 5 years 28.09% 10.65%
10 years average annual 4.56% 3.28%
Weekly media advert. rent $465 $380
Time on Market 33.8 days 86.4 days
Gross Rental Yield Percent 4.24% 5.01%
demographics (median values)
Total Population
2796
Weekly Household Income
1109
Household Size
2.40
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Scullin, ACT
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