Question 1

Is Torrens a nice place to live?

Accepted Answer

Torrens is a small, established residential suburb in Canberra’s Woden Valley with quiet, leafy streets and mature gardens. Housing is largely single-storey brick homes on generous blocks, with some townhouses and newer infill for smaller households. Everyday life centres on local parks and playgrounds, Torrens Primary School, and trips into nearby Woden Town Centre for shops, cafes and services, while regular buses link the suburb to the city.

With 2,424 residents, a median age of 39 and a typical household income of $2,612 a week, the community is weighted towards families — couple families with and without children together account for about 85.7% of families — and most homes are owner-occupied (74.6%). That mix, together with recent playspace upgrades, a new playground and inclusion in a draft Southern Gateway transit-oriented planning framework, helps explain why the suburb commonly suits families, long-term locals and downsizers seeking an understated, convenient base with access to the wider Woden precinct.

Question 2

Is it expensive to live in Torrens?

Accepted Answer

House rents in Torrens run to about $700 a week. Against a typical local household income of $2,612 a week as recorded at the most recent Census, that rent would take roughly 27% of a typical local household's weekly income, a moderate share — if you are renting rather than buying, that rent share is the number that matters and whether it feels 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 Torrens a good place to invest?

Accepted Answer

House values in Torrens rose 7.3% over the past 12 months, a solid increase in what a house is worth. Over the same year, house rents fell 4.1%, a moderate decline in the rental income those houses bring.

For someone weighing Torrens up as an investment, the numbers show capital growth on houses rather than higher rental income this year. If rental return is your primary concern, that drop in house rents is the figure to keep in mind; whether this balance suits your goals and circumstances is for you to decide.

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	N/A	N/A
Change in value Past 12 months	7.3%	N/A
Sold Past 3 months	8	1
Median days on market Past 12 months	63	N/A
Average rent Past 12 months	$700	N/A
Change in rent Past 12 months	-4.1%	N/A

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