Deakin

Deakin, ACT 2600 is a suburb with a population of 3,124 residents. The median weekly household income is relatively high at $3,117. The suburb has a mix of age groups, with a significant number of individuals aged between 5 to 19 years and 45 to 64 years. The most common occupations are professionals, managers, and community and personal service workers. The commute to work is largely by motor vehicle, but there is also a significant proportion who work from home. Deakin offers good educational opportunities with an ICSEA percentile of 81.0 for government schools. For houses in Deakin, the sale price distribution shows a notable IQR ratio, suggesting potential opportunities for renovators due to a wider price range between the first and third quartiles. Houses in the suburb have exhibited strong median growth over the past years. For units, there is a lower sale price IQR ratio, signaling more stable prices, with a significant growth rate observed over both short and long terms. With a low vacancy rate and high demand for rental units, investing in units in Deakin could offer good rental yield. Deakin, ACT 2600 is an affluent suburb with a mix of demographic groups and a strong focus on residential properties. The suburb offers potential opportunities for property investors interested in renovating houses or benefiting from stable unit prices and strong rental demand. With good growth rates observed historically, Deakin presents itself as a promising location for both homeowners and investors looking for steady returns. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022