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Harrison
AREA REPORTS

Harrison

Harrison - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2914

house
unit

Property investors have seen a 7.22% gain in HARRISON based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on HARRISON, 2914 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 27.81%.

Based on its average 5-year and quarterly capital gains HARRISON, 2914 saw average growth in the long term.

The ACT 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 $965,000

Profits averaged 8.96% per annum over a 3-year period, due to an upward trend in home prices in HARRISON, 2914.

This means, real estate investors could earn a rental income of $720 based on current median home prices for the suburb.

The gross rental yield in HARRISON, 2914 is 3.88%.

An average of 8.08 real estate transactions take place per month in HARRISON which translates to 97 per annum.

Data report can be found below

Harrison
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $965,000 $485,000
GROWTH REPORT
Median Quarterly 7.22% 2.42%
Median 12 month 27.81% 12.4%
Median 3 years 26.89% 25.32%
Median 5 years 63.01% 45.86%
10 years average annual 14.4% 2.9%
Weekly media advert. rent $720 $450
Time on Market 36.6 days 51.2 days
Gross Rental Yield Percent 3.88% 4.82%
demographics (median values)*
Total Population
25204
Weekly Household Income
2388
Household Size
3.10
Age
31
Monthly Loan Repayment
2167
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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