Chifley ACT

Postcode 2606 · Unincorporated ACT LGA

Chifley is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2606). With a population of 2,680, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $122K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in Chifley is $1.0 million, having dropped significantly 8.9% over the past year. Units have a median price of $730,000 (+1% YoY). The median weekly rent is $450 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,383.

Public transport access includes 10 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,604 incidents per 100,000 population.

From an investment perspective, Chifley offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($1.0M/$1.0M). The price-to-income ratio of 8.4x is considered moderate. House prices have moved -8.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.3% Low Yield
Price vs State$1.0M/$1.0M Near Median
Affordability8.4x Moderate
Price Momentum-8.9% Falling
INCOME (ATO 2022-23)
Median Income$76,468
Mean Income$89,156
Earners1,986
YoY Change+2.8%
SEIFA INDEX (ABS)
Advantage9/10
Education10/10
Economic5/10
Disadvantage10/10
MEDIAN HOUSE
$1.0M
-8.9% YoY
MEDIAN UNIT
$730K
1% YoY
MEDIAN RENT /WK
$450
POPULATION
2,680
DEMOGRAPHICS
Median Age37
Household Size2.4
HH Income /wk$2,347
Personal Income /wk$1191
Mortgage /mth$2,383
CRIME (Unincorporated ACT LGA)
Crime Rate (per 100k)1,604
Total Incidents43
TRANSPORT
Bus Stops10
Data: 2024