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Theodore

Suburb Profile

Theodore - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2905

house
unit

A 6.96% increase in median property prices in THEODORE, 2905 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 18th.

A steady increase in median property prices over a five-year period in the suburb translates to a 16.13% capital gain.

It 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 $576,000

The augmented property values in the suburb are trailing above the territorial average of 3.27% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $500.

Home owners selling their properties and realtors in THEODORE usually have to wait an average of 49.9 days days before their assets are lifted off the market.

The ACT suburb ranks 30th on the list of best yielding suburbs for rental properties in ACT, posting a 4.51% return.

It also places places 44th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $576,000 $414,000
GROWTH REPORT
Median Quarterly 0.88% 2.86%
Median 12 month 6.96% 3.5%
Median 3 years 16.13% N/A
Median 5 years 20% N/A
10 years average annual 3.08% 1.56%
Weekly media advert. rent $500 $430
Time on Market 49.9 days 54.4 days
Gross Rental Yield Percent 4.51% 5.4%
demographics (median values)
Total Population
4110
Weekly Household Income
1514
Household Size
3.00
demographics
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