Deakin is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2600). With a population of 3,124, the suburb has a mature demographic with a median age of 45. Households earn a median income of $162K 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 Deakin is $1.8 million, having dropped significantly 14.7% over the past year. Units have a median price of $1.1 million (+33.6% YoY). The median weekly rent is $560 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,180.
Deakin is served by 3 schools, including 1 secondary, 1 combined, 1 special. The average ICSEA score is 1118, which is well above the national average of 1,000. Public transport access includes 49 bus stops. Healthcare facilities include 5 private hospitals. The crime rate in the Unincorporated ACT LGA is below average at 2,497 incidents per 100,000 population.
From an investment perspective, Deakin offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($1.8M/$1.0M), placing it in the premium segment. The price-to-income ratio of 11.1x is considered stretched. House prices have moved -14.7% year-on-year.
Deakin is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2600). With a population of 3,124, the suburb has a mature demographic with a median age of 45. Households earn a median income of $162K 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 Deakin is $1.8 million, having dropped significantly 14.7% over the past year. Units have a median price of $1.1 million (+33.6% YoY). The median weekly rent is $560 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,180.
Deakin is served by 3 schools, including 1 secondary, 1 combined, 1 special. The average ICSEA score is 1118, which is well above the national average of 1,000. Public transport access includes 49 bus stops. Healthcare facilities include 5 private hospitals. The crime rate in the Unincorporated ACT LGA is below average at 2,497 incidents per 100,000 population.
From an investment perspective, Deakin offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($1.8M/$1.0M), placing it in the premium segment. The price-to-income ratio of 11.1x is considered stretched. House prices have moved -14.7% year-on-year.