Chapman is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 2,867, the suburb has a mature demographic with a median age of 47. Households earn a median income of $162K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chapman is $1.3 million, having grown strongly 7.2% over the past year. Units have a median price of $728,000. The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Chapman is served by 1 school, including 1 primary. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,116 incidents per 100,000 population.
From an investment perspective, Chapman offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +7.2% year-on-year.
Chapman is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 2,867, the suburb has a mature demographic with a median age of 47. Households earn a median income of $162K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Chapman is $1.3 million, having grown strongly 7.2% over the past year. Units have a median price of $728,000. The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,600.
Chapman is served by 1 school, including 1 primary. The average ICSEA score is 1106, which is well above the national average of 1,000. Public transport access includes 19 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,116 incidents per 100,000 population.
From an investment perspective, Chapman offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 8.1x is considered moderate. House prices have moved +7.2% year-on-year.