Weetangera ACT

Postcode 2614 · Unincorporated ACT LGA

Weetangera is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2614). With a population of 2,795, the suburb has an established demographic with a median age of 41. Households earn a median income of $174K 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, Irish.

The median house price in Weetangera is $1.3 million, having declined 3.5% over the past year. Units have a median price of $786,000 (-17.3% YoY). The median weekly rent is $490 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,500.

Weetangera is served by 1 school, including 1 primary. The average ICSEA score is 1117, which is well above the national average of 1,000. Public transport access includes 17 bus stops. The crime rate in the Unincorporated ACT LGA is below average at 2,182 incidents per 100,000 population.

From an investment perspective, Weetangera offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 7.2x is considered moderate. House prices have moved -3.5% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.0% Low Yield
Price vs State$1.3M/$1.0M Near Median
Affordability7.2x Moderate
Price Momentum-3.5% Falling
INCOME (ATO 2022-23)
Median Income$80,013
Mean Income$100,922
Earners2,096
YoY Change+7.8%
SEIFA INDEX (ABS)
Advantage10/10
Education10/10
Economic10/10
Disadvantage10/10
MEDIAN HOUSE
$1.3M
-3.5% YoY
MEDIAN UNIT
$786K
-17.3% YoY
MEDIAN RENT /WK
$490
POPULATION
2,795
DEMOGRAPHICS
Median Age41
Household Size2.9
HH Income /wk$3,349
Personal Income /wk$1332
Mortgage /mth$2,500
CRIME (Unincorporated ACT LGA)
Crime Rate (per 100k)2,182
Total Incidents61
TRANSPORT
Bus Stops17
SCHOOLS (1)
Avg ICSEA1117
Total Students404
Government1
Weetangera Primary SchoolPrimary · Government · ICSEA 1117
Data: 2024