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Suburb Insights · ACT 2602

Hackett, ACT 2602 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Hackett is an inner-city suburb of Canberra, Australia, with a population of approximately 3,227, making it a boutique locality. Located 5 km from the Canberra CBD, Hackett is a inner city area in Australian Capital Territory. The median household income is $136,396 per year.

Investment Score

78 / 100 Good

Hackett benefits from a high-income resident base, supporting premium property pricing. Its proximity to the CBD adds a strong location premium.

Location

Canberra
Hackett
Australian Capital Territory · 2602
5 km from Canberra CBD
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Key Indicators

Postcode
2602

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

Australia Post Postcode Finder →
Population
3,227

Usual resident population at the most recent census.

Median weekly rent
$374/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$136,396/yr

Annual median household income (before tax) across all households.

Distance to CBD
5 km

Straight-line distance from the suburb centroid 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.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$2,500/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
71% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Why People Like Living in Hackett

Who Hackett Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRental coverage trails the state average.
🏡First-home buyersPrices sit above the Australian Capital Territory median — stretch goal.
💼ProfessionalsAround 5 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Short distance to the CBD makes commuting straightforward.
  • Lifestyle access to shops, cafes and amenities.

Cons

  • Median mortgage sits above the Australian Capital Territory state median — entry costs are stretched.
  • Transport options are limited — car dependency is likely.

Investment Insight

3,227 residents places Hackett squarely in the middle of the Australian Capital Territory suburb size distribution (state median 3,808), with market depth comparable to most ACT localities. Households here earn $136,396/year on average — 10% above the ACT suburb median of $123,916 — a modest premium that supports resilient owner-occupier demand. Median rent of $374/week (~$1,621/month) covers only 65% of the median mortgage of $2,500/month — the remaining $879/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. At 5 km from the Canberra CBD, Hackett sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks.

Investment Tip

Inner-city investors should model strata costs and rate rises carefully, since gross yields here are often compressed by higher entry prices. Local rents consume roughly 14% of household income — a useful sanity check on tenant affordability.

Hackett vs Australian Capital Territory Median

How Hackett stacks up against the median of all Australian Capital Territory suburbs in our dataset. Positive values mean Hackett sits above the state median; negative means below.

MetricHackettACT medianΔ vs state
Population3,2273,808-15%
Median household income$136,396/yr$123,916/yr+10%
Median rent (weekly)$374$450-17%
Median mortgage (monthly)$2,500$2,144+17%
Distance to CBD5 km10 km-50%
Separate houses71%71%0pp

Investor Checklist

Pre-inspection briefing for Hackett — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Hackett's 3,227-person market and $136,396 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.

⚠️
Rental Yield

Moderate rental coverage: rent of $374/week covers 65% of a $2,500/month mortgage, leaving a $879/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 71% houses in a 3,227-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Hackett property

Full Property Analysis

30-year projections for Hackett

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Strong

Capital-growth expectations for Hackett are modest for 2026 — incomes 10% above the ACT median of $123,916 and a population of 3,227 suggest gains will lag headline metro markets. Rental coverage runs at ~65% of the typical mortgage ($1,621/month rent vs $2,500/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 78/100 places Hackett in the upper-middle tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.

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Frequently Asked Questions

Is Hackett a good suburb for investment?

Hackett scores 78/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,227, median household income of $136,396/year and median weekly rent of $374. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Hackett?

The main demand drivers in Hackett are proximity to Canberra (5 km), an above-state-median household income of $136,396/year, a dwelling mix that is 71% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Hackett?

Hackett has a usual resident population of approximately 3,227, compared with a Australian Capital Territory suburb median of 3,808 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Hackett from the Canberra CBD?

Hackett sits 5 km straight-line from the Canberra CBD. This is inner-ring territory — pricing competes directly with established Canberra employment nodes.

What is the median rent in Hackett?

The most recent census recorded a median weekly rent of $374 in Hackett, equating to approximately $19,448/year in gross rental income (state median $450/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Hackett?

The median monthly mortgage repayment in Hackett is $2,500, or approximately $30,000/year (vs $2,144/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Hackett cash-flow positive for investors?

A median weekly rent of $374 works out to $1,621/month, covering 65% of the median mortgage repayment of $2,500/month. That leaves a $879/month shortfall (around $10,548/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Hackett?

The main risks are a thin buyer pool (3,227 residents), interest-rate sensitivity on the $2,500 median mortgage, the broader Australian Capital Territory market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Hackett profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Australian Capital Territory Property Resources