Scullin ACT

Postcode 2614 · Unincorporated ACT LGA

Scullin is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2614). With a population of 3,069, the suburb has a mix of young professionals and families with a median age of 35. Households earn a median income of $105K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Scottish.

The median house price in Scullin is $787,000, having dropped significantly 8.5% over the past year. Units have a median price of $370,000 (-30.2% YoY). The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $1,950.

Scullin is served by 1 school, including 1 primary. The average ICSEA score is 1088, which is above the national average of 1,000. Public transport access includes 16 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,639 incidents per 100,000 population.

From an investment perspective, Scullin offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($787K/$1.0M). The price-to-income ratio of 7.5x is considered moderate. House prices have moved -8.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.6% Low Yield
Price vs State$787K/$1.0M Near Median
Affordability7.5x Moderate
Price Momentum-8.5% Falling
INCOME (ATO 2022-23)
Median Income$67,165
Mean Income$73,126
Earners2,120
YoY Change+6.5%
SEIFA INDEX (ABS)
Advantage7/10
Education10/10
Economic3/10
Disadvantage8/10
MEDIAN HOUSE
$787K
-8.5% YoY
MEDIAN UNIT
$370K
-30.2% YoY
MEDIAN RENT /WK
$390
POPULATION
3,069
DEMOGRAPHICS
Median Age35
Household Size2.6
HH Income /wk$2,025
Personal Income /wk$1041
Mortgage /mth$1,950
CRIME (Unincorporated ACT LGA)
Crime Rate (per 100k)2,639
Total Incidents81
TRANSPORT
Bus Stops16
SCHOOLS (1)
Avg ICSEA1088
Total Students115
Government1
Southern Cross Early Childhood SchoolPrimary · Government · ICSEA 1088
Data: 2024