McKellar is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 2,740, the suburb has an established demographic with a median age of 43. Households earn a median income of $140K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in McKellar is $1.1 million, having declined 3.6% over the past year. The median weekly rent is $438 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Public transport access includes 24 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,825 incidents per 100,000 population.
From an investment perspective, McKellar offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 7.6x is considered moderate. House prices have moved -3.6% year-on-year.
McKellar is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2617). With a population of 2,740, the suburb has an established demographic with a median age of 43. Households earn a median income of $140K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Irish.
The median house price in McKellar is $1.1 million, having declined 3.6% over the past year. The median weekly rent is $438 (Census 2021). This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $2,167.
Public transport access includes 24 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,825 incidents per 100,000 population.
From an investment perspective, McKellar offers a gross rental yield of 2.2%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 7.6x is considered moderate. House prices have moved -3.6% year-on-year.