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Harrison
AREA REPORTS

Harrison

Harrison - SUBURB PROFILE REPORT
POSTAL CODE: ACT, 2914

house
unit

Property investors have seen a 1.83% gain in HARRISON based on an increase in median home prices for the past three months.

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 $763,750

Profits averaged 1.35% 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 $640 based on current median home prices for the suburb.

The gross rental yield in HARRISON, 2914 is 4.36%.

An average of 6 real estate transactions take place per month in HARRISON which translates to 72 per annum.

Data report can be found below

Harrison
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $763,750 $420,000
GROWTH REPORT
Median Quarterly 1.83% -1.29%
Median 12 month 2.65% 5%
Median 3 years 4.05% 16.67%
Median 5 years 21.23% 12.01%
10 years average annual 6.75% 1.24%
Weekly media advert. rent $640 $460
Time on Market 80.0 days 72.0 days
Gross Rental Yield Percent 4.36% 5.7%
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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