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Pearce suburb profile

Pearce is a quiet, established suburb in Canberra's Woden Valley that feels settled and residential, with tree-lined streets and a mix of single-storey brick homes from the mid 20th century alongside later townhouses and units. It suits families, couples and downsizers who want suburban calm while remaining close to the shops, medical services and entertainment of the Woden town centre. Local parks, playgrounds and sports ovals give a green, community-minded feel, and the suburb is well connected by arterial roads and regular bus services to Woden and the city, making everyday errands and commutes straightforward.

Pearce property market performance

Property growth-2.8%Past 12 months

Pearce has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. On the house side, the median house price is $1.14 million, down a modest 3.8% over the last 12 months.

There were 15 house sales over the last 3 months, and houses sold in a median of 52 days over the last 12 months.

The rental market in Pearce shows house rents averaging $730 a week, up a solid 8.1% over the last 12 months. Unit rents averaged $500 a week, up a modest 2.0% over the last 12 months, so house rents grew faster than unit rents.

HousesUnits
Median price
Past 3 months
$1.14MN/A
Change in value
Past 12 months
-3.8%N/A
Sold
Past 3 months
15N/A
Median days on market
Past 12 months
52N/A
Average rent
Past 12 months
$730$500
Change in rent
Past 12 months
8.1%2.0%

5 year median price trend for houses and units

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Pearce demographics

Pearce is home to 2,687 people, with a median age of 43 and a median household income of $2,362 a week, about $122,800 a year.

Families make up the bulk of households: couple families with children are the largest group at 47.1%, and together with couple families without children (38.2%) they account for 85.3% of families. One-parent families represent 13.3%, while other families are 1.4%.

Homes in Pearce are largely owner-occupied — 38.4% are owned outright and 35.9% are owned with a mortgage, a combined 74.3% owner-occupied. Renters make up 25.7% of dwellings, so owner-occupation outnumbers renting by roughly three to one.

Suburbs near Pearce

Some popular suburbs near Pearce include:

  • Mawson: Established, tree-lined suburb in the Woden Valley with local parks.
  • Chifley: Quiet residential suburb with several neighbourhood reserves and walking paths.
  • Torrens: Small suburb centred on sporting ovals and open parkland.
  • Swinger Hill: Medium-density suburb featuring 1970s apartments and established communal gardens.
  • Phillip: Large mixed-use suburb hosting commercial centres, light industry and government offices.

How does Pearce compare to nearby suburbs?

  • Median house prices: Pearce’s median house price is 1.8% higher than Chifley’s.
  • House price growth: Over the past 12 months, house prices in Pearce have grown 0.5% higher than in Chifley.
  • Unit price growth: Over the past 12 months, unit prices in Pearce have grown 37.6% higher than in Chifley.
  • Selling speed for houses: Properties in Pearce are selling 7.1% faster than in Mawson.
  • Investment considerations: In Pearce, the rental yield for house is 1.7% higher than the Canberra average, while the rental yield for units is 11.0% lower.
  • House price growth: Over the past 12 months, house prices in Pearce have grown 9.7% higher than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Pearce have grown 27.1% higher than the average rate of growth for units across Canberra.

Choose the right real estate agents in Pearce

There are 27 real estate agents in Pearce, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 46.7% of all sales in the past year.

Commission rates in Pearce typically range from 2.06% to 2.65%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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