Question 1

Is Mawson a nice place to live?

Accepted Answer

Mawson is a mature residential suburb in Canberra’s Woden Valley with a quiet, established feel. Streets are tree-lined and housing is predominantly single-storey brick homes alongside pockets of renovated properties and modern townhouses. The suburb is home to 3,440 people, has a median age of 38 and a typical household income of $2,204 a week. The community is weighted towards couple families — together the couple categories account for about four in five families — and most dwellings are owner-occupied, while roughly one in three homes is rented.

Everyday needs are covered by a small local shopping strip and community facilities, with the larger Woden town centre close by for broader retail, dining and services. Parks, playgrounds and walking trails are nearby, and Mawson is well served by regular buses and arterial roads. Targeted local upgrades and planning work for the Mawson Group Centre, additions to school infrastructure and improvements to sports facilities are under way, so anyone who values an established, convenient suburb should find plenty to consider.

Question 2

Is it expensive to live in Mawson?

Accepted Answer

Buying a house in Mawson, ACT sits at about 10.5 times a typical local annual household income at the last Census, based on a median house price of $1,200,000 and a Census household income of $2,204 a week. That multiple places buying well above what a typical local household earned at the last Census.

Renting looks more moderate by comparison: a house rent of $750 a week would take about 34.1% of a typical local household's weekly income at the last Census, while a unit rent of $480 a week would take about 21.8%. If you're deciding between renting and buying, those rent shares and the purchase multiple are the figures to weigh against your own situation.

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 Mawson a good place to invest?

Accepted Answer

The past 12 months in Mawson show rental growth outpacing price growth for houses, while units recorded modest rises in both value and rent. House rents climbed 7.1% over the year, a solid increase, while median house values edged up 0.2%, a marginal rise. On the unit side, median values rose 4.6%, a modest increase, and unit rents increased 4.3%, also modest, so capital growth and rental income for units moved at a similar pace with values slightly ahead. If rental income is your priority the house-rent movement is the most relevant figure; if you are focused on capital growth the unit value change may matter more.

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	$1.20M	N/A
Change in value Past 12 months	0.2%	4.6%
Sold Past 3 months	16	5
Median days on market Past 12 months	56	47
Average rent Past 12 months	$750	$480
Change in rent Past 12 months	7.1%	4.3%

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