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Suburb Insights ยท ACT 2602

Downer 2602, Australian Capital Territory

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Downer is an inner-city suburb of Canberra, Australia, with a population of approximately 4,296, making it a boutique locality. Located 4 km from the Canberra CBD, Downer is a inner city area in Australian Capital Territory. The median household income is $117,884 AUD per year (ABS 2021 Census).

Investment Score

87 / 100 Strong

Strong household incomes in Downer underpin solid property demand. The short commute to the city centre is a key demand driver.

Location

Map shows Downer, Australian Capital Territory, Australia.

Key Indicators

Postcode
2602

Official Australia Post postcode for Downer. A postcode may cover multiple suburbs.

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Population
4,296

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$420/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$117,884/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
4 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,167/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
63% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As an inner-city location, Downer benefits from proximity to employment, dining, and cultural precincts. Investment properties here typically attract young professionals and downsizers seeking walkable lifestyles. The median rent of $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,167/month. A median household income of $117,884/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

Downer's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Expect competitive but not exceptional rental returns in Downer's current market.

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Renovation / Flip

Limited buyer depth in Downer makes flip strategies higher-risk โ€” consider rental conversion instead.

Risk Factors

Run the numbers on a Downer property

Full Property Analysis

30-year projections for Downer

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2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

Downer enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Strong rental fundamentals in Downer provide a reliable income base for investment properties. Downer remains on the radar of active property investors in Australian Capital Territory.

Frequently Asked Questions

Is Downer a good suburb for investment?

Downer is a inner city area in Australian Capital Territory with a population of 4,296. The median rent is $420/week and the median household income is $117,884/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Downer?

Key demand drivers in Downer include employment proximity and urban lifestyle. 63% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Downer?

According to the ABS 2021 Census, Downer has a population of approximately 4,296. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Downer from the Canberra CBD?

Downer is approximately 4 km straight-line distance from the Canberra CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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Australian Capital Territory Property Resources