Question 1

Is Ainslie a nice place to live?

Accepted Answer

Ainslie sits against Mount Ainslie with tree-lined streets and a concentration of early 20th century cottages and single-storey homes, with some low-rise units near the local shops. It has a compact village atmosphere centred on a small shopping strip with cafés and everyday services, and nearby parkland and walking tracks up Mount Ainslie make regular outdoor recreation easy. Close to the Australian War Memorial and well connected to the city by major roads and public transport, it attracts professionals, families and long-standing residents who value heritage character and green space.

Demographically Ainslie leans strongly towards couple families, with couple families with children at 46.4% and couple families without children at 38.0%, and owner-occupiers forming about 65% of households while renters make up 35.0%. The suburb is also the focus of government action at the community site behind the shops, 91A Wakefield Gardens, where the heritage-listed gardens have strong community support for a return to public green and community use. Ainslie Village and Ainslie Lodge continue to provide supported and temporary accommodation. Whether that suits you depends on what you are looking for in a suburb.

Question 2

Is it expensive to live in Ainslie?

Accepted Answer

A house at the current median price in Ainslie of $1,285,000 works out to about 10.2 times a typical local annual household income at the last Census (the median household earned $2,434 a week at that Census). Renting a house at around $800 a week would take roughly a third of that typical weekly income (about 33%), a sizeable share. If you're renting rather than buying, the rent share is the more relevant figure; buying sits much further above what local households earned at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Ainslie a good place to invest?

Accepted Answer

House values in Ainslie fell 7.1% over the past 12 months, a solid decline in what a house here is worth. Over the same period, the rent a house earns edged up 1.3%, a slight increase, so capital value and rental income moved in opposite directions this year.

For someone weighing Ainslie as an investment, the change in house value relates to capital growth and the change in rent relates to rental income; whether that mix suits your goals and circumstances is for you to decide.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.28M	N/A
Change in value Past 12 months	-7.1%	N/A
Sold Past 3 months	27	N/A
Median days on market Past 12 months	52	N/A
Average rent Past 12 months	$800	N/A
Change in rent Past 12 months	1.3%	N/A

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