Gordon

Gordon, ACT 2906, is a family-friendly suburb with a diverse population. The area has a mix of age groups, with a significant number of residents aged between 20 to 44 years. The median household income is relatively high, reflecting a well-off community. The suburb offers various commuting options, with many residents using motor vehicles to travel. Additionally, there is a strong culture of working from home in the area. Gordon has a good mix of occupations, with professionals, managers, and technicians being the top three categories. For Houses, Gordon presents opportunities for property investors looking to renovate, given the high sale price IQR ratio. The suburb has shown consistent growth in median house prices over the years. Rental demand is stable, and the vacancy rate is low. The market absorption rate indicates strong demand, potentially leading to future price appreciation. For Units, Gordon offers a promising investment prospect with a high market absorption rate. The median growth rate for units has been impressive over the years, suggesting a good potential for capital gains. The low vacancy rate and high rental yield make it an attractive option for investors. Gordon, ACT 2906, is an affluent suburb with a strong sense of community. It provides a high level of educational advantage for students attending government schools. The suburb offers good infrastructure and amenities, making it attractive for both residents and investors. With stable property prices, high demand for rentals, and a favourable market absorption rate, Gordon presents as a sound investment choice for those looking for long-term capital growth and rental yield. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022