Whitlam (postcode 2611) is a small, quiet locality in Australian Capital Territory within the Unincorporated ACT local government area. With a population of 7, the suburb has a predominantly early-career demographic with a median age of 27. Households earn a median income of $47K per year, with an average household size of 6 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.
Median house prices in Whitlam stand at $1.3 million, having risen solidly by 6.7% over the last twelve months. The median monthly mortgage repayment is $2,750.
Public transport access includes 7 bus stops.
From an investment perspective, Property prices are near the state median ($1.3M/$1.0M). The price-to-income ratio of 28.7x is considered stretched. House prices have moved +6.7% 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.