O'Connor ACT

Postcode 2602 · Unincorporated ACT LGA

O'Connor is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2602). With a population of 5,917, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $131K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.

The median house price in O'Connor is $1.5 million, having risen modestly 0.1% over the past year. Units have a median price of $565,000 (-6.6% YoY). The median weekly rent is $451 (Census 2021). This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,500.

O'Connor is served by 3 schools, including 2 primary, 1 special. The average ICSEA score is 1100, which is well above the national average of 1,000. Public transport access includes 29 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,400 incidents per 100,000 population.

From an investment perspective, O'Connor offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($1.5M/$1.0M), placing it in the premium segment. The price-to-income ratio of 11.3x is considered stretched. House prices have moved +0.1% year-on-year.

INVESTMENT SIGNALS
Rental Yield1.6% Low Yield
Price vs State$1.5M/$1.0M Above Median
Affordability11.3x Stretched
Price Momentum+0.1% Stable
INCOME (ATO 2022-23)
Median Income$79,422
Mean Income$99,346
Earners4,246
YoY Change+1.9%
SEIFA INDEX (ABS)
Advantage9/10
Education10/10
Economic4/10
Disadvantage10/10
MEDIAN HOUSE
$1.5M
0.1% YoY
MEDIAN UNIT
$565K
-6.6% YoY
MEDIAN RENT /WK
$451
POPULATION
5,917
DEMOGRAPHICS
Median Age35
Household Size2.5
HH Income /wk$2,518
Personal Income /wk$1261
Mortgage /mth$2,500
CRIME (Unincorporated ACT LGA)
Crime Rate (per 100k)2,400
Total Incidents142
TRANSPORT
Bus Stops29
SCHOOLS (3)
Avg ICSEA1100
Total Students502
Catholic1
Government2
St Joseph's Primary SchoolPrimary · Catholic · ICSEA 1130
Black Mountain SchoolSpecial · Government · ICSEA 1030
O'Connor Cooperative SchoolPrimary · Government · ICSEA 1141
Data: 2024