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Hughes suburb profile

Hughes is a well-established suburb in the Woden Valley district of Canberra, known for its leafy streets and community-oriented atmosphere. Located just 8km south-west of Canberra's city centre, Hughes offers a peaceful residential environment with convenient access to urban amenities. The suburb features a mix of mid-century homes and modern residences, appealing to families and professionals alike. Hughes is home to several parks, local shops, and schools, contributing to its family-friendly appeal. Its proximity to major roads and public transport ensures easy connectivity to the broader Canberra area, making it a desirable location for those seeking a balanced lifestyle.

Hughes property market performance

Property growth-2.3%Past 12 months

Hughes has experienced a stable property market over the past 12 months, with no change in the median house value, which currently stands at $1.36 million. There has been minimal unit activity, with zero percent change in value and a median unit price of $0 due to limited data. Over the last three months, 14 houses have been sold, and the median days on market for these properties is 67, indicating a slower sales pace.

The rental market in Hughes has shown modest growth. The average rent for houses has increased by 2.7%, reaching $750, while unit rents have risen by a notable 9%, with the average unit rent at $425. This suggests a stronger demand for rental units relative to other market segments.

HousesUnits
Median price
Past 3 months
$1.30MN/A
Change in value
Past 12 months
-9.2%N/A
Sold
Past 3 months
162
Median days on market
Past 12 months
83N/A
Average rent
Past 12 months
$750$415
Change in rent
Past 12 months
1.4%6.4%

5 year median price trend for houses and units

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Hughes demographics

Hughes, a suburb located in the Australian Capital Territory, is characterized by its serene environment and family-friendly atmosphere. With a population of 3,210, Hughes offers a peaceful residential setting that appeals to families and older residents. The median age of 43 suggests a mature community, with many long-term residents enjoying the suburb's tranquil lifestyle and proximity to Canberra's amenities.

The suburb's housing landscape is predominantly owner-occupied, with 37.8% of properties owned outright and 37.3% owned with a mortgage. This high level of home ownership reflects the stability and commitment of its residents to the area. Rental properties make up 24.9% of the housing market, providing options for those seeking temporary accommodation or a more flexible living arrangement.

Family life is a significant aspect of Hughes, with 51% of households being couple families with children, and 35% being couple families without children. The presence of one-parent families, accounting for 13.1% of the community, adds to the suburb's diverse family dynamics. The median total household income of $2,797 per week indicates a relatively affluent community, likely benefiting from Canberra's robust job market and economic opportunities.

Suburbs near Hughes

Some popular suburbs near Hughes include:

How does Hughes compare to nearby suburbs?

  • Median house prices: Hughes’s median house price is 86.9% higher than Phillip’s.
  • House price growth: Property prices in nearby Curtin have risen 14.3% more than in Hughes over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Hughes have grown 8.5% higher than in Curtin.
  • Selling speed for houses: Properties in nearby Curtin are selling 21.7% faster than in Hughes.
  • Investment considerations: In Hughes, the rental yield for house is 4.5% higher than the Canberra average, while the rental yield for units is 25.2% lower.
  • House price growth: Over the past 12 months, house prices in Hughes have grown 26.9% higher than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Hughes have grown 40.9% lower than the average rate of growth for units across Canberra.

Choose the right real estate agents in Hughes

Choosing the right real estate agent in Hughes can have a big impact on your sale. While there are 30 real estate agents working in the suburb, but just 5 of them were responsible for 42.6% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.06% to 2.65%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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