Hughes is a smaller residential area in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2605). It is home to about 3,210 residents, with an established demographic and a median age of 43. Households earn a median income of $145K 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, managers, clerical & administrative. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Irish.
The median house price in Hughes is $1.4 million, having moved higher by 2.1% over the past year. Units have a median price of $331,000 (-1% YoY). The median weekly rent is $400 (Census 2021). This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $2,700.
Hughes is served by 1 school, including 1 primary. The average ICSEA score is 1157, which is well above the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,028 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 1.5% (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 9.8x is considered moderate. House prices have moved +2.1% 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.