Hughes is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2605). With a population of 3,210, the suburb has an established demographic with a median age of 43. Households earn a median income of $145K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Hughes is $1.4 million, having increased 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.
From an investment perspective, Hughes offers a gross rental yield of 1.5%, 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 9.8x is considered moderate. House prices have moved +2.1% year-on-year.
Hughes is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2605). With a population of 3,210, the suburb has an established demographic with a median age of 43. Households earn a median income of $145K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in Hughes is $1.4 million, having increased 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.
From an investment perspective, Hughes offers a gross rental yield of 1.5%, 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 9.8x is considered moderate. House prices have moved +2.1% year-on-year.