Harrison is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2914). With a population of 8,244, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $137K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Chinese.
The median house price in Harrison is $1.0 million, having declined 4.2% over the past year. Units have a median price of $520,000 (-1.4% 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 $2,000.
Harrison is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 4 rail stations, 15 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,310 incidents per 100,000 population.
From an investment perspective, Harrison 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 7.5x is considered moderate. House prices have moved -4.2% year-on-year.
Harrison is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2914). With a population of 8,244, the suburb has a young professional demographic with a median age of 31. Households earn a median income of $137K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Chinese.
The median house price in Harrison is $1.0 million, having declined 4.2% over the past year. Units have a median price of $520,000 (-1.4% 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 $2,000.
Harrison is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1080, which is above the national average of 1,000. Public transport access includes 4 rail stations, 15 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,310 incidents per 100,000 population.
From an investment perspective, Harrison 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 7.5x is considered moderate. House prices have moved -4.2% year-on-year.