This property is Off Market
With an average age of 42, households expect an average monthly mortgage payment of $2,035 or a weekly rent payment of $445. The average family earns a weekly income of $2,525 with a typical household size of 2.2 and a 96.09% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Pearce are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Pearce changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Pearce to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Pearce we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Pearce a better buying opportunity than it may have been in the past.
(Country of Birth not stated 3%)
Pearce a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Australian Capital Territory State average 56 / 100
55 / 100
56 / 100
18 / 100
28 / 100
18 / 100
26 / 100
67 / 100
72 / 100
21 / 100
32 / 100
Incidents Trend State Average
Canberra Christian SchoolMawson, ACT, 2607 Independent K-6
Melrose High SchoolPearce, ACT, 2607 Independent 7-10
Garran Primary SchoolGarran, ACT, 2605 Independent K-6
Farrer Primary SchoolFarrer, ACT, 2607 Independent K-6
Mawson Primary SchoolMawson, ACT, 2607 Independent K-6
Arawang Primary SchoolWaramanga, ACT, 2611 Independent K-6
Sacred Heart Primary SchoolPearce, ACT, 2607 Independent K-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.