Part of Unincorporated ACT, ACT
| Median Weekly Rent | $478.96 |
| Median Monthly Mortgage | $1878.63 |
| Median Persons Per Bedroom | 0.91 |
| Average Household Size | 2.50 |
| Average Age | 35.46 |
| Average Income | $1163.54 |
| Average Cars Per Dwelling | 1.65 |
| Average Properties Within 50M | 58 |
| 1 bed property | $455,000 |
| 2 bed property | $572,000 |
| 3 bed property | $979,000 |
| 4 bed property | $1,288,000 |
| 5 bed property | $1,798,000 |
| 6 bed+ property | $2,751,000 |
Download 25 Mbps / Upload 5 Mbps
Thinking about buying in Bruce? Now could not be a better time, with 3816 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $733,000 with prices in this suburb ranging from $97,000 to $5,218,000. The approximate distance to the coast is 109 Km.
In Bruce there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Bruce is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Bruce leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Bruce 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 Bruce 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 Bruce a better buying opportunity than it may have been in the past.
Instant Property ValuationThe housing market in Bruce, an unincorporated area in the Australian Capital Territory, reflects a dynamic blend of accessibility and demand. Known for its well-planned residential areas, Bruce offers a mix of housing options, from modern apartments to family-sized homes, catering to a diverse population. The proximity to educational institutions like the University of Canberra, along with research facilities and the Australian Institute of Sport, make it a desirable location for families, students, and professionals alike. The market has seen steady growth in recent years, driven by the area's strategic location and strong local economy. As a result, property values have appreciated steadily, attracting both homeowners and investors. This growth trajectory is supported by ongoing infrastructure improvements, making Bruce a compelling option for long-term investment.
Living in Bruce offers a balanced lifestyle with a unique blend of urban convenience and natural beauty. Residents enjoy easy access to a variety of amenities including shopping centers, dining options, and recreational facilities, as well as the scenic outdoors with ample parks and nature reserves. The community is known for its vibrant atmosphere and family-friendly vibe, fostering a close-knit environment where neighbors often connect through local events and activities. Public transportation is efficient, with numerous bus routes and well-planned road networks, connecting Bruce effortlessly to Canberra's city center and surrounding areas. This accessibility further cements its status as a desirable locale, providing residents with the tranquility of suburban life without sacrificing the conveniences of urban living.
Incidents Trend State Average
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 0.3 | 19.8 | 35.2 | 20.0 | 66.5 | 6.5 | 28.9 |
| Feb | 0.7 | 18.8 | 33.6 | 23.8 | 69.7 | 6.0 | 24.9 |
| Mar | 0.4 | 16.9 | 30.0 | 29.2 | 72.3 | 5.4 | 20.7 |
| Apr | 0.7 | 12.6 | 26.5 | 30.1 | 76.9 | 4.5 | 16.2 |
| May | 0.6 | 8.3 | 21 | 39.4 | 85.9 | 3.9 | 11.8 |
| Jun | 0.6 | 5.8 | 18.1 | 45.7 | 90.7 | 3.8 | 10.6 |
| Jul | 0.6 | 4.3 | 18.2 | 42.1 | 91 | 4.0 | 11.0 |
| Aug | 0.5 | 5.5 | 19.9 | 34.2 | 86.7 | 4.7 | 13.5 |
| Sept | 0.9 | 8.8 | 25.3 | 23.9 | 78.2 | 5.4 | 19.2 |
| Oct | 0.4 | 12.1 | 27.8 | 22.7 | 74.4 | 5.9 | 24.1 |
| Nov | 0.4 | 14.7 | 30.8 | 19.3 | 71.2 | 6.2 | 27.5 |
| Dec | 0.5 | 17.6 | 32.5 | 21.8 | 70.0 | 6.5 | 28.5 |
source: Australian Government Bureau of Meteorology
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!