Downer, ACT 2602: Suburb Profile & Property Report

Market Report

House report
Unit Report

Downer has 41 houses available for sale. The median property price for a house is currently $1,132,500 with annual capital growth of -1.52% . There were 58 house sales in the past 12 months. On average, houses spend 44 days on market.

If you're thinking about buying an investment property in Downer, consider that rental yields for houses are currently 3.16% with an average median rent of $685 weekly. Houses have seen 2.30% growth in the past quarter, and -1.52% growth in the past 12 months.

The size of Downer is approximately 1.6 square kilometres. It has 10 parks covering nearly 8.9% of total area. The population of Downer in 2011 was 3,554 people. By 2016 the population was 3,653 showing a population growth of 2.8% in the area during that time. The predominant age group in Downer is 20-29 years.

Households in Downer are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Downer work in a professional occupation. In 2011, 59.3% of the homes in Downer were owner-occupied compared with 57.3% in 2016.

Downer has 14 units available for sale. The median property price for a unit is currently $700,000 with annual capital growth of 37.25% . There were 17 unit sales in the past 12 months. On average, units spend 42 days on market.

If you're thinking about buying an investment property in Downer, consider that rental yields for units are currently 5.13% with an average median rent of $510 weekly. Units have seen 12.90% growth in the past quarter, and 37.25% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,132,500	$700,000
Quarterly growth	+2.30%	+12.90%
12-month growth	-1.52%	+37.25%
Average annual growth	+7.20%	+2.56%
Weekly median rent	$685	$510
Gross rental yield	3.16%	5.13%
Number of Sales (12m)	58	17
Avg. Days on Market (12m)	44	42

Jump to Market Trends

Key Demographics	2011	2016
Total population	3,554	3,653
Population change (5y)	+5.43%	+2.80%
Median household income (p/w)	$1,563	$1,913
Household income change (5y)	+25.64%	+22.39%
Median age of persons	35	35

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Downer is $1,132,500 for houses and $700,000 for units.

The Median Growth in Downer over the past 12 months is -1.52% for houses and 37.25% for units.

Over the past 12 months there were 58 houses sold and 17 units sold in Downer. On average, houses spent 44 days on market and units spent 42 days on market.

In the past 12 months up to August 2024 there were 58 houses sold and 17 units sold in Downer. On average, houses spent 44 days on market and units spent 42 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Downer is $685 for houses and $510 for units.

The Rental Yield in Downer is 3.16% for houses and 5.13% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Downer was 3,653 in 2016, a +2.80% change compared to 2011.

The predominant age group in Downer is 20-29 years.

The population of Downer was 3,653 in 2016, a +2.80% change compared to 2011.

The predominant age group in Downer is 20-29 years.

Most of the population in Downer were born in Australia.

Most of the population in Downer report their religion as No Religion.

Most of the population in Downer report their income range as between $78,000 and $130,000 .

The median household income in Downer was $1,913 in 2016, a +22.39% change compared to 2011.

Most of the population in Downer report their income range as between $78,000 and $130,000 .

The median household income in Downer was $1,563 in 2011, a +25.64% change compared to 2006.

Most of the population in Downer work as Professional.

The chart below demonstrates the various levels of education in Downer.

Most of the population in Downer reached a qualification level of Bachelor.

2011 2016

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