Cook is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2614). With a population of 2,965, the suburb has an established demographic with a median age of 42. Households earn a median income of $118K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Cook is $1.3 million, having surged 28.2% over the past year. Units have a median price of $870,000 (+19.6% YoY). The median weekly rent is $440 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,147 incidents per 100,000 population.
From an investment perspective, Cook 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 10.7x is considered stretched. House prices have moved +28.2% year-on-year.
Cook is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2614). With a population of 2,965, the suburb has an established demographic with a median age of 42. Households earn a median income of $118K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Cook is $1.3 million, having surged 28.2% over the past year. Units have a median price of $870,000 (+19.6% YoY). The median weekly rent is $440 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Public transport access includes 11 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,147 incidents per 100,000 population.
From an investment perspective, Cook 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 10.7x is considered stretched. House prices have moved +28.2% year-on-year.