Skip to content
Suburb profile ·Unincorporated ACT LGA · ACT ·2606

O'Malley ACT 2606

O'Malley is in Unincorporated ACT LGA, ACT, postcode 2606, with population 928.

The read

Verify-first

There are enough stretched or weaker signals here that you should assume trade-offs rather than a clean story. Use compare mode to see whether the downside is price, local quality, or weaker momentum before treating it as a target suburb.

$2.5M
-20.9% YoY
2019 → 2024 · 5 periods
ABS + state medians
$3.2M
$1.6M
2019 2024
Why it fits

Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.

What to check

Evidence depth is verify-heavy, so the profile should be treated as provisional. Premium pricing raises the bar for yield, affordability, and downside checks. Gross yield looks low for an income-first use case.

Median house
$2.5M
House median, latest period
20.9%YoY D10 vs AU
Median rent
$975/wk
Market rent signal
D10 vs AU
Gross yield
2.0%
Low yield band
D5 vs AU
Population
928
928 local footprint
D8 vs AU
Schools
No matched school data
Drive to city
Not in commute dataset
Solar
1,164
90 added 12mo · 10MW

Price history

Trend & investor depth

Indicative cashflow-$1,760/wk (-$91,511/yr) · interest-only @ 6.4%, 80% LVR
Value vs advantage+91% vs suburbs of similar SEIFA advantage (decile 10)

Indicative cashflow is interest-only and excludes tax — use the calculator for a full projection. Turnover divides recorded sales by an estimated household count (population over average household size).

Investment grade

Dgrade · 33/100 · top 67% of 3,604AU suburbs
Peer distributionstronger than 33% of AU suburbs
WeakerTypicalStronger
Capital growth92
Rental yield19
Stability6
Volatility-29.2ppCycle-1.0Affordability-1.5

Bar = this suburb's percentile · tick = typical (median) peer · stability drivers signed (+ = steadier)

Relative grade across Australian suburbs, combining qp's capital-growth (multi-year CAGR + cycle timing), rental-yield, and stability (price volatility + cycle + affordability) metrics via a three-pillar property-scoring method with an imbalance penalty. Within-Australia relative, indicative only — not financial advice.

Investor profile

Who invests in O'Malley

Owner-occupied 89%Rented 11%
Investor activityATO
Negatively geared7.9%
715 of 1,348 landlords
Avg rental loss$12,913/yr
Landlords (rental income)1,348
Reported capital gains976
The read

Owner-occupier stronghold

87% of homes here are owner-occupied and 10% rented, with 8% of landlords negatively geared.

Why it fits

87% owner-occupied — owner-occupiers hold longer and absorb rate shocks, supporting price stability.

What to check

Gross yield 2.0% is thin — returns here lean on capital growth, not cash flow.

ABS Census 2021 tenure (G37), ATO postcode rental statistics, and QuickProperty's investor-exposure index. Owner-occupied = owned outright + with a mortgage.

Mortgage affordability

64%
of household income to service a new loan
14.5 yrs
to save a 20% deposit
Severe
housing-stress band
Rent vs buyRenting cheaper

New-loan repayment $12,396/mo vs median rent $4,225/mo (+193% · +$1886/wk)

If rates move

At 4.2%: $9,898/mo (-2,499) · at 6.2% (current): $12,396/mo · at 8.2%: $15,135/mo (+2,738)

Assumes a 20% deposit and a 30-year principal-and-interest loan at the current RBA new owner-occupier variable rate, against median weekly household income (ABS Census 2021). Stress bands follow the 30% / 45%-of-income thresholds used in ANZ-CoreLogic and AIHW reporting. Rent vs buy compares that repayment with the suburb's median advertised rent; it excludes rates, insurance, maintenance and deposit opportunity cost.

Affordability

Buying
10.9x
median home price as a multiple of annual household income
Stretched
Renting
22%
median weekly rent as a share of gross household income (the 30% rule)
Manageable

Owners with a mortgage repay a median of $3,413/mo, while renters pay about $4,225/mo — renting runs $812/mo higher on these medians.

Median price
$2.53M
Household income · yr
$233K
Median rent · wk
$975
Owner mortgage · mo
$3,413
Gross yield
2.0%

Household income

$233K household · yr+87.8% vs ACT suburb median
Personal
$78K
Family
$237K
Household
$233K
Household income distribution (ABS Census 2021 · weekly)fewer than 52% could service the median house
Under $300
14
$300-649
6
$650-999
13
$1,000-1,499
22
$1,500-1,999
19
$2,000-2,999
31
$3,000-3,999
29
$4,000+
148

Serviceability line: a household needs about $9,536/wk to hold a new loan on the median house at 30% of income (20% deposit, 30-year P&I, current RBA rate).

At the median asking rent, about 40% of households here would spend more than 30% of income on rent (rent stress line: $3,250/wk income).

Median taxable income trend (ATO, 2018-19 – 2022-23)$70K → $80K

Housing stock and tenure

Tenure (318 households)
Owned outright
57%
Owned with mortgage
30%
Rented
10%
Dwelling structure9.2% of dwellings unoccupied on census night
Separate house
97%
Townhouse / semi
2%
Flat / apartment
0%

Getting to work: 77% drive, 2% public transport, 2% walk or cycle, 17% worked from home (2021 Census, taken during COVID-era work-from-home arrangements).

Livability

10/ 100 livability index

Top 90% most liveable of 4,565Australian suburbs.

Peer distributionstronger than 10% of Australian suburbs
WeakerTypicalStronger
Everyday access0
Public transport (11 stops)36
Schools & hospitals0

Bar = this suburb's percentile · tick = typical (median) peer

Suburb-level access-density index (not an address-level walk-time score), normalised within Australian suburbs. Method based on the Urban Liveability Index (Higgs et al. 2019) and Walk Score — three equal-weighted domains combined with an imbalance penalty.

Crime 2024-25
9
970 per 100k
D1 vs AU

Crime

Rate · per 100k970
Total incidents9· 2024-25
  • Assault556%
  • Theft444%

Building due diligence

Construction requirements can change by location.

The National Construction Code is the baseline. Local hazards and site classifications can change the required structure, materials, fixings, insulation and detailing.

Known here

SUBURB CONTEXT

No local compliance layer is staged.

This is missing evidence, not evidence that the property has no constraints.

Check the property

ADDRESS + DESIGN

NCC climate zone

Check the property

Confirm the NCC climate zone used for the building design and energy provisions.

May affect: Insulation and glazing · Condensation control · Roof-space ventilation

Wind class and BAL

Site assessment required

A suburb layer cannot determine the site wind classification or Bushfire Attack Level.

May affect: Structure and tie-downs · Cladding and fixings · Openings and bushfire detailing

Corrosion and termite exposure

Check the property

Confirm marine or corrosive exposure and the applicable termite-management requirements.

May affect: Fasteners and connectors · Roofing and coatings · Termite management

This screen identifies investigation triggers, not building quality or property compliance. Confirm the address, design and current jurisdiction rules with the council, building surveyor or certifier, designer and engineer.

NCC 2022 Housing Provisions: how to use · NCC 2022 Volume Two and Housing Provisions

Population outlook

942 people · 2022928 by 2032 (-1.5%)

ABS population projection (2022 base) for the O`Malley SA2 statistical area — the finest official projection grain available; suburb-level projections do not exist.

Full data detail Census · ATO · ABS · state datasets
O'Malley ACT — Property Data and Demographics

O'Malley is a small locality in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2606). The area has roughly 928 residents and a settled, mature resident base, with a median age of 51. Households earn a median income of $233K per year, with an average household size of 2.9 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 +1.7% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. ACT also had 5 Commonwealth-backed major projects under construction, 4 underway, and 6 in planning as at 2025-09-01, 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 English, Australian, Chinese.

O'Malley has a median house price of $2.5 million, which has dropped significantly by 20.9% year-on-year. Units have a median price of $1.4 million (+1.9% YoY). The median weekly rent is $975 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $3,413.

Public transport access includes 11 bus stops. The crime rate in the Unincorporated ACT LGA is low at 970 incidents per 100,000 population.

On the investment side, The gross rental yield works out to roughly 2.0%, which reads as low yield. Property prices are above the state median ($2.5M/$1.1M), placing it in the premium segment. The price-to-income ratio of 10.9x is considered stretched. House prices have moved -20.9% 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.

Market & money
Investment signalsHeuristics
Rental Yield2.0% Low Yield
Price vs State$2.5M/$1.1M Above Median
Affordability10.9x Stretched
Price Momentum-20.9% Falling
Pop. Growth+1.3%· Stable
Development+0%· Steady
InvestmentACT
Mortgage · mth$3,413
Rent · wk(Census)$975
Gross yield2.0%
Price / income10.9x
Population growth · Unincorporated ACT LGAABS ERP
Population (2025)484,630
5-year growth+1.7% CAGR
YoY change+1.3%
20012025
Development · Unincorporated ACT LGAABS Approvals
Approvals (2026)3,645
Houses 20%Units 80%
YoY change+0%
Employment · Unincorporated ACT LGASALM
Unemployment (Dec-25)3.8%
YoY change+0.2pp
Dec-10Dec-25
Property investors · Postcode 2606ATO
Negatively geared7.9%
715 of filers
Avg rental loss$12,913/yr
Landlords (rental income)1,348
Reported capital gains976
People & prosperity
DemographicsCensus 21
Population928
Median age51
Household size2.9
HH income · wk$4,476
Personal income · wk$1,497
Persons / bedroom0.6
IncomeATO 22-23
Median income$79,922
Mean income$144,410
Earners812
YoY change+3.3%
SEIFA indexABS
Advantage (IRSAD)10/10
Education (IEO)10/10
Economic (IER)10/10
Disadvantage (IRSD)10/10
Income momentumCensus 16→21
HH income · wk$3,513 → $4,476
Change+27.4%
vs ACT median+10.3 pp
Median rent+3.6%
gentrifyingvs ACT 2016–21
Area & amenity
TransportGTFS
Bus stops11
Hospitals · Unincorporated ACT LGAAIHW
Public5
Private10
North Canberra Hospitalpublic
North Canberra Hospital (previously known as Calvary Public Hospital Bruce)public
QEII Family Centrepublic
The Canberra Hospitalpublic
University of Canberra Hospitalpublic
ACT Endoscopyprivate
+9 more in Unincorporated ACT LGA
Aged care · Unincorporated ACT LGAGEN
Facilities31
Residential places2,628
Warrigal Hughes176 places
Jindalee Aged Care Residence169 places
BaptistCare Griffith161 places
Warrigal Care Calwell153 places
Warrigal Care Stirling144 places
Bill McKenzie Gardens139 places
+25 more in Unincorporated ACT LGA
Childcare · Unincorporated ACT LGAACECQA
Services363
Approved places30,613
Exceeding NQS148
Anglicare at Franklin Early Childhood School270 places
Red Hill OSHC264 places
TeamKids - Nicholls OSHC264 places
Harrison OSHClub232 places
Radford College After School Care200 places
Telopea Park P&C School Age Care Program200 places
+357 more in Unincorporated ACT LGA
Shortlist workspace

Save suburbs here while you browse. Once the shortlist has two or more names, hand it straight into compare.

Current status
Add O'Malley if it deserves a shortlist slot.

No saved AU suburbs yet.

EMPTY SET

No saved suburbs yet. Start with one ranking or suburb page, then compare once you have two candidates.

Open rankings to save the first candidates.

Sources & freshness
Verify-heavy evidence

Much of O'Malley rests on evidence that should be verified before a decision.

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Prices come from release-based suburb series.

Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches

RENT POSTURE
Rent is falling back to Census, not a market feed.

This gives you directional coverage, but it is weaker than a current rent release.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
ABS Data by Region / ABS Data by Region · 2024 · Direct state price coverage is used where present; missing house or unit anchors fall back to annual ABS SA2 matches
medium stability · manual file · snapshot · release-based
Verify
Market rent
ABS Census 2021 · Using Census rent fallback
stable source · manual file · snapshot · census-cycle
Verify
Crime
State crime dataset · 2024-25 · Area-level release dataset
Available
Schools
ACARA 2025 · No local school matches exposed
stable source · automated · every update · annual
Missing
Hospitals
AIHW · No linked local hospital coverage
medium stability · manual file · snapshot · mixed
Missing
Transport
GTFS feeds · 11 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · 2025 · Annual estimate series
stable source · automated · every update · annual
Available
Building approvals
ABS Building Approvals · 2026 · Annual release series
stable source · automated · every update · monthly
Available
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as ABS price fallback, Census rent fallback, or low-confidence hospital matching.

O'Malley FAQ

Common questions
  1. What LGA is O'Malley in?

    O'Malley is in the Unincorporated ACT Local Government Area, ACT, postcode 2606. Council-level context for Unincorporated ACT LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in O'Malley?

    The current median house price in O'Malley, ACT is $2.5M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in O'Malley?

    The median weekly rent in O'Malley is $975/wk, based on ABS Census 2021 rent fallback.

  4. Is O'Malley a good investment?

    QuickProperty's investment signals for O'Malley show: Low Yield, Above Median, Stretched. These are computed from price, rent, income, and population data — not an opaque score.

  5. Where does QuickProperty get its data for O'Malley?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  6. How often is the O'Malley data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.