MCKELLAR
Investor score
50
Annual growth and vacancy rate are modelled estimates based on long-run state averages. Price and rent use real government data where available. This is not financial advice. See full disclaimer.
Median price
—
no recent data
Rent yield
2.0%
modelled estimate
Annual growth
3.2%
modelled estimate
Vacancy rate
1.0%
modelled estimate
AI insights for MCKELLAR
Investment analysis, risks & comparisons
MCKELLAR shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.
Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.
Median rent
$440/wk
weekly
Demand change
+3.1%
annual shift
Yield × growth index
2.6
combined signal
Net yield (est.)
0.95%
after mgmt, rates, insurance, maintenance
5-yr growth (CAGR)
+6.3%
est. compound, long-run avg
10-yr growth (CAGR)
+7.3%
est. compound, long-run avg
Rental demand
59 / 100
Strong demand
Supply pipeline
Est.0.0%
new dwellings approved / stock · Modelled estimate
Low supply pressure
5-year price history
No price history available.
Market overview
MCKELLAR is a metropolitan ACT suburb with steady capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.
Highlights
- Metro ACT suburb with strong infrastructure and transport
- Rental yield 2.0% with stable tenant demand
- Very low vacancy rate — high rental demand
- Access to national transport network and amenities
Risk factors
- High entry price may limit buyer pool
- Subject to broader interest rate and economic conditions
Community profile
Source: ABS Census 2021 · ATO 2022–23Median household income
$2,177/wk
$104k taxable p.a.
Renters
40.4%
56.9% owner-occupier
Median age
32.0 yrs
Unemployment
3.2%
Population growth
+2.4% p.a.
Investor-owned
14.0%
of all dwellings (ATO)
Houses
23%
73% apartments
Degree qualified
64.5%
bachelor's or higher (ABS)
Work from home
30.7%
of employed residents (ABS Census)
Median lot size
100 m²
Apartment/strata
Household size
2.7 persons
avg per dwelling (ABS Census)
Short-term rental
5.5%
Some Airbnb activity
Market activity
Distance to CBD
6.8 km
Middle ring
Days on market
18 days
Fast-moving market
Auction clearance
70.0%
Strong demand
Walkability
22 / 100
Some errands walkable
Coastal proximity
150.3 km
Inland
NBN technology
FTTNStandard — fibre to node
Population density
12,494/km²
Very dense urban
Schools in postcode 2617
🏫Primary (7)
Maribyrnong Primary School
Government · Yrs K-6
St Michael's Primary School
Catholic · Yrs K-6
St Monica's Primary School
Catholic · Yrs K-6
Miles Franklin Primary School
Government · Yrs K-6
Kaleen Primary School
Government · Yrs K-6
Giralang Primary School
Government · Yrs K-6
Evatt Primary School
Government · Yrs K-6
🎓Secondary (1)
University of Canberra High School Kaleen
Government · Yrs 7-10
📚Combined (1)
Radford College
Independent · Yrs K-12
ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.
Liveability & safety
School quality
Above average9 schools in postcode area
Source: ACARA My School 2025
Transit access
GoodSource: State GTFS feeds
Gentrification signal
33
/ 100
Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.
Composite: education premium · youth cohort · rental activity · price gap · transit quality
Environmental risk
Flood risk
Source: State GIS flood zone data
Bushfire risk
Source: CFA / RFS / DFES zone data
Storm risk
Coastal exposure + state climate
Live suburb intelligence
Fetching live data…Location
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