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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Gungahlin, the median property price for a house is currently 920,000 with annual capital growth of 2.11 . There were 83 house sales in the past 12 months. On average, houses spend 75 days on market.
If you're thinking about buying an investment property in Gungahlin, consider that rental yields for houses are currently 3.98 with an average median rent of 622 weekly. Houses have seen 0.00 growth in the past quarter, and 2.11 growth in the past 12 months.
The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2011 was 5,617 people. By 2016 the population was 6,141 showing a population growth of 9.3% in the area during that time. The predominant age group in Gungahlin is 20-29 years.
Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation. In 2011, 48.4% of the homes in Gungahlin were owner-occupied compared with 43.7% in 2016.
In Gungahlin, the median property price for a unit is currently 440,000 with annual capital growth of -2.22 . There were 164 unit sales in the past 12 months. On average, units spend 75 days on market.
If you're thinking about buying an investment property in Gungahlin, consider that rental yields for units are currently 6.08 with an average median rent of 528 weekly. Units have seen -0.56 growth in the past quarter, and -2.22 growth in the past 12 months.
The size of Gungahlin is approximately 4.6 square kilometres. It has 17 parks covering nearly 38.1% of total area. The population of Gungahlin in 2011 was 5,617 people. By 2016 the population was 6,141 showing a population growth of 9.3% in the area during that time. The predominant age group in Gungahlin is 20-29 years.
Households in Gungahlin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gungahlin work in a professional occupation. In 2011, 48.4% of the homes in Gungahlin were owner-occupied compared with 43.7% in 2016.
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| Key Market Data | House | Unit |
| Median price | 920,000 | 440,000 |
| Quarterly growth | 0.00 | -0.56 |
| 12-month growth | +2.11 | -2.22 |
| Average annual growth | +4.31 | +3.28 |
| Weekly median rent | 622 | 528 |
| Gross rental yield | 3.98 | 6.08 |
| Number of Sales (12m) | 83 | 164 |
| Avg. Days on Market (12m) | 75 | 75 |
| Key Demographics | 2011 | 2016 |
| Total population | 5,617 | 6,141 |
| Population change (5y) | +45.63 | +9.30 |
| Median household income (p/w) | 2,105 | 2,028 |
| Household income change (5y) | +15.91 | -3.66 |
| Median age of persons | 28 | 31 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Gungahlin was 6,141 in 2016, a +9.30 change compared to 2011.
The predominant age group in Gungahlin is 20-29 years.
The population of Gungahlin was 6,141 in 2016, a +9.30 change compared to 2011.
The predominant age group in Gungahlin is 20-29 years.
Most of the population in Gungahlin were born in Australia.
Most of the population in Gungahlin were born in Australia.
Most of the population in Gungahlin report their religion as No Religion.
Most of the population in Gungahlin report their religion as No Religion.
Most of the population in Gungahlin report their income range as between 78,000 and 130,000 .
The median household income in Gungahlin was 2,028 in 2016, a -3.66 change compared to 2011.
Most of the population in Gungahlin report their income range as between 78,000 and 130,000 .
The median household income in Gungahlin was 2,105 in 2011, a +15.91 change compared to 2006.
Most of the population in Gungahlin work as Professional.
Most of the population in Gungahlin work as Professional.
The chart below demonstrates the various levels of education in Gungahlin.
The chart below demonstrates the various levels of education in Gungahlin.
Most of the population in Gungahlin reached a qualification level of Bachelor.
Most of the population in Gungahlin reached a qualification level of Bachelor.
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