Bruce ACT 2617

Here you can find what you need to know about Bruce, ACT, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$875k Median Sale Price (National Average $485k) 18th In ACT
8.36% Median Price Change (1 yr) (National Average 4.30%) 30th In ACT
$650pw Median Rent (National Average $395) 15th In ACT
3.9% Median Gross Yield (National Average 4.24%) 47th In ACT
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Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Bruce, ACT National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Bruce, ACT National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Bruce, ACT National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Bruce


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Latest Auction Results for Bruce as at 11 November 2018

Property Details
Sale Price
3Bed / 3Bath / Car / House
-
6Bed / 3Bath / 2Car / House
$1,520,000

State Auction Clearance Rates - November 2018

Auctions Clearance rate
ACT 108 40%
NSW 844 42%
NT 12 27%
QLD 139 34%
SA 123 46%
TAS 3 67%
VIC 1,127 46%
WA 42 21%

Local Schools


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Suburb Information

Bruce, ACT 2617

Part of: Unincorporated ACT Council No data available

The size of Bruce is approximately 6.6 square kilometres. It has 12 parks covering nearly 23.2% of total area. The population of Bruce in 2011 was 6,389 people. By 2016 the population was 6,995 showing a population growth of 9.5% in the area during that time. The predominant age group in Bruce is 20-29 years. Households in Bruce are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Bruce work in a professional occupation. In 2011, 47.5% of the homes in Bruce were owner-occupied compared with 39.6% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Bruce

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Bruce   for Houses in last 12 months


There have been 19 Houses sold in Bruce in the past 12 months with a median sale price of $875K, up 8.36% annually. It takes on average 72 days to sell with vendor discounting of -6.84%.

Streets in Bruce


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Lyneham ACT, 2602 15.36% $957,500 $613pw 3.3% View Suburb Profile
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