Denman Prospect is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 2,759, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $167K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Denman Prospect is $1.4 million, having declined 6% over the past year. Units have a median price of $622,000 (+1.1% YoY). The median weekly rent is $498 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,400.
Denman Prospect is served by 1 school, including 1 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,769 incidents per 100,000 population.
From an investment perspective, Denman Prospect offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.4M/$1.0M), placing it in the premium segment. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -6.0% year-on-year.
Denman Prospect is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 2,759, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $167K per year, with an average household size of 2.8 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Indian.
The median house price in Denman Prospect is $1.4 million, having declined 6% over the past year. Units have a median price of $622,000 (+1.1% YoY). The median weekly rent is $498 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,400.
Denman Prospect is served by 1 school, including 1 combined. The average ICSEA score is 1107, which is well above the national average of 1,000. Public transport access includes 14 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,769 incidents per 100,000 population.
From an investment perspective, Denman Prospect offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.4M/$1.0M), placing it in the premium segment. The price-to-income ratio of 8.4x is considered moderate. House prices have moved -6.0% year-on-year.