Get a property report and suburb profile for any property in O'connor

O'Connor is an established inner-north Canberra suburb of leafy, low-rise streets and a settled housing mix—weatherboard cottages and brick bungalows from the interwar and postwar periods, with pockets of sympathetic infill and some contemporary townhouses. Residents include long-term families and professionals who value quiet streets, local parks and a compact village-style shopping strip with cafes and everyday services. The suburb has easy access to major arterial roads and frequent public transport into the city, with nearby green spaces and recreational facilities supporting a neighbourhood-centred lifestyle.

About 5,917 people live in O'Connor, with a median age of 35 and a typical household income of $2,518 a week (roughly $131,000 a year). The community is strongly weighted towards couples—couple families with children 43.6% and without children 40.4%—and most homes are owner-occupied (61.5%), while renters make up 38.5%. There is an ACT Government public housing renewal under way and local accessibility and amenity works as part of an Age Friendly suburbs program. Whether O'Connor suits you depends on the kind of neighbourhood you want.

At a median house price of $1,065,000, buying in O'Connor works out to about 8.1 times a typical local annual household income at the last Census (weekly household income $2,518 × 52 = $130,936). That places house prices at a high multiple of what local households earned at the last Census.

Renting looks more moderate by comparison: the average house rent of $750 a week would take about 29.8% of a typical local household's weekly income at the last Census, and the average unit rent of $530 a week would take about 21.0%. If you're renting rather than buying, those rent shares are the most relevant numbers to consider.

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

Over the past 12 months O'Connor shows a split market between houses and units. House values climbed 9.2% and house rents rose 7.1% — both solid increases, with values growing slightly faster than rents on houses. Units moved very differently: unit values fell sharply, down 18.0%, while unit rents recorded a marginal rise of 0.4%. In short, capital growth and rental growth were stronger on the house side this year, whereas units saw a large drop in value alongside almost no rent movement. Whether that pattern fits your investment objectives will depend on whether you prioritise capital growth or rental income.

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.