Weston is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 4,000, the suburb has an established demographic with a median age of 42. 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 Weston is $966,000, having declined 7.6% over the past year. Units have a median price of $664,000 (-9.2% YoY). The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,200.
Weston is served by 2 schools, including 2 combined. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 4,575 incidents per 100,000 population.
From an investment perspective, Weston offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($966K/$1.0M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -7.6% year-on-year.
Weston is a smaller suburb in Australian Capital Territory within the Unincorporated ACT local government area (postcode 2611). With a population of 4,000, the suburb has an established demographic with a median age of 42. 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 Weston is $966,000, having declined 7.6% over the past year. Units have a median price of $664,000 (-9.2% YoY). The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 2.3%. The median monthly mortgage repayment is $2,200.
Weston is served by 2 schools, including 2 combined. The average ICSEA score is 1104, which is well above the national average of 1,000. Public transport access includes 36 bus stops. The crime rate in the Unincorporated ACT LGA is moderate at 4,575 incidents per 100,000 population.
From an investment perspective, Weston offers a gross rental yield of 2.3%, rated as low yield. Property prices are near the state median ($966K/$1.0M). The price-to-income ratio of 7.9x is considered moderate. House prices have moved -7.6% year-on-year.