Question 1

Is Curtin a nice place to live?

Accepted Answer

Curtin is an established, leafy suburb in Canberra’s inner south with a quietly residential feel and easy access to major centres. Streets are lined with mature trees and the housing is largely single-storey mid-century brick and weatherboard, with many homes renovated or extended. The suburb attracts families, professionals and downsizers. A compact shopping strip of cafes and services sits alongside community and sporting facilities, and reserves and walking trails including Mount Taylor are nearby. Regular bus services connect Curtin with the city and surrounding centres.

Home to 5,569 people with a median age of 41, Curtin is a suburb of families and owner-occupiers, with about three in four homes owned outright or with a mortgage and a median household income of $2,886 a week. There are several government-supported affordable housing projects under way and a dementia village site being progressed for community facilities. Whether Curtin suits you will come down to whether you value established housing, backyard space and local amenities.

Question 2

Is it expensive to live in Curtin?

Accepted Answer

Buying a house in Curtin sits well above what people locally earned at the last Census. The median house price of $1,395,000 is about 9.3 times a typical local household's annual income at the last Census, which places buying a house well above local incomes on these figures.

Rents are more moderate by comparison: $790 a week for a house would take about 27.4% of a typical local household's weekly income at the last Census, a moderate share, and $493 a week for a unit would take about 17.1%, a modest share. If you're renting rather than buying, those rent shares are the most relevant figures; whether they feel expensive depends on your own income and circumstances.

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 Curtin a good place to invest?

Accepted Answer

The figures for Curtin show a clear split between houses and units this year. House values rose 4.7% over the past 12 months while house rents increased a solid 6.8%, so on the house side rental income has grown faster than capital value. By contrast unit values fell 6.2% over the year while unit rents edged up 1.6%.

If rental income is your priority, the house-side rent growth is the most relevant number here. If capital growth is your focus, the data show modest house price growth but a notable decline in unit values over the year. Whether that pattern fits your goals and circumstances is for you to weigh up.

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	$1.40M	N/A
Change in value Past 12 months	4.7%	-6.2%
Sold Past 3 months	28	8
Median days on market Past 12 months	68	79
Average rent Past 12 months	$790	$493
Change in rent Past 12 months	6.8%	1.6%

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