O'Malley is a small community in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2606). With a population of 928, the suburb has a mature demographic with a median age of 51. Households earn a median income of $233K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in O'Malley is $2.5 million, having dropped significantly 20.9% over the past 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.
From an investment perspective, O'Malley offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.5M/$1.0M), 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.
O'Malley is a small community in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2606). With a population of 928, the suburb has a mature demographic with a median age of 51. Households earn a median income of $233K per year, with an average household size of 2.9 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in O'Malley is $2.5 million, having dropped significantly 20.9% over the past 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.
From an investment perspective, O'Malley offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($2.5M/$1.0M), 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.