Located in Australian Capital Territory within the Unincorporated ACT local government area, Higgins is a smaller suburb (postcode 2615). It is home to about 3,321 residents, with an established family demographic and a median age of 38. Households earn a median income of $117K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. ACT employment has moved -0.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. ACT also had 6 Commonwealth-backed major projects under construction, 1 underway, and 7 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward public admin & safety and construction. The top ancestries reported are Australian, English, Irish.
Higgins has a median house price of $850,000, which has grown strongly by 6.3% year-on-year. Units have a median price of $625,000 (-22.6% YoY). The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 2.4%. The median monthly mortgage repayment is $2,000.
Public transport access includes 31 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,198 incidents per 100,000 population.
From an investment perspective, Higgins shows a gross rental yield of approximately 2.4%, rated as low yield. Property prices are near the state median ($850K/$1.0M). The price-to-income ratio of 7.3x is considered moderate. House prices have moved +6.3% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.