Watson is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2602). With a population of 6,727, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $126K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Watson is $1.1 million, having increased 4.5% over the past year. Units have a median price of $618,000. The median weekly rent is $437 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,067.
Watson is served by 2 schools, including 2 primary. The average ICSEA score is 1128, which is well above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,865 incidents per 100,000 population.
From an investment perspective, Watson offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +4.5% year-on-year.
Watson is a mid-sized suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2602). With a population of 6,727, the suburb has a mix of young professionals and families with a median age of 34. Households earn a median income of $126K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Watson is $1.1 million, having increased 4.5% over the past year. Units have a median price of $618,000. The median weekly rent is $437 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,067.
Watson is served by 2 schools, including 2 primary. The average ICSEA score is 1128, which is well above the national average of 1,000. Public transport access includes 40 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 3,865 incidents per 100,000 population.
From an investment perspective, Watson offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($1.1M/$1.0M). The price-to-income ratio of 8.8x is considered moderate. House prices have moved +4.5% year-on-year.