Pearce is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2607). With a population of 2,687, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K 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 Pearce is $1.3 million, having declined 3.7% over the past year. Units have a median price of $720,000 (+13.4% YoY). The median weekly rent is $430 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,383.
Pearce is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1117, which is well above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,600 incidents per 100,000 population.
From an investment perspective, Pearce offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved -3.7% year-on-year.
Pearce is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2607). With a population of 2,687, the suburb has an established demographic with a median age of 43. Households earn a median income of $123K 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 Pearce is $1.3 million, having declined 3.7% over the past year. Units have a median price of $720,000 (+13.4% YoY). The median weekly rent is $430 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,383.
Pearce is served by 3 schools, including 1 primary, 1 secondary, 1 combined. The average ICSEA score is 1117, which is well above the national average of 1,000. Public transport access includes 10 bus stops. The crime rate in the Unincorporated ACT LGA is low at 1,600 incidents per 100,000 population.
From an investment perspective, Pearce offers a gross rental yield of 1.8%, rated as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 10.4x is considered stretched. House prices have moved -3.7% year-on-year.