Strathnairn is a small community in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2615). With a population of 714, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $137K 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 -0.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. ACT also had 6 Commonwealth-backed major projects under construction, 1 underway, and 7 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Australian, English, Indian.
The median house price in Strathnairn is $905,000, having dipped slightly by 1.8% over the past year. Units have a median price of $442,000. The median weekly rent is $515 (Census 2021). This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $2,191.
Public transport access includes 5 bus stops.
From an investment perspective, Gross rental yield sits at around 3.0% (low yield). Property prices are near the state median ($905K/$1.0M). The price-to-income ratio of 6.6x is considered moderate. House prices have moved -1.8% 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.