Calwell is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2905). With a population of 5,730, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $128K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Calwell is $845,000, having dipped slightly 1.4% over the past year. Units have a median price of $628,000 (+4.6% YoY). The median weekly rent is $448 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Calwell is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1012, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,216 incidents per 100,000 population.
From an investment perspective, Calwell offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($845K/$1.0M). The price-to-income ratio of 6.6x is considered moderate. House prices have moved -1.4% year-on-year.
Calwell is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2905). With a population of 5,730, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $128K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are Australian, English, Irish.
The median house price in Calwell is $845,000, having dipped slightly 1.4% over the past year. Units have a median price of $628,000 (+4.6% YoY). The median weekly rent is $448 (Census 2021). This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,000.
Calwell is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 1012, which is around the national average of 1,000. Public transport access includes 33 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,216 incidents per 100,000 population.
From an investment perspective, Calwell offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($845K/$1.0M). The price-to-income ratio of 6.6x is considered moderate. House prices have moved -1.4% year-on-year.