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ABS 2021 Census · Updated 21 May 2026
Ngunnawal is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 10,957, making it a smaller community. Located approximately 12 km from the Canberra CBD, Ngunnawal is a middle ring area in Australian Capital Territory. The median household income is $115,388 per year.
Ngunnawal benefits from a high-income resident base, supporting premium property pricing. Its proximity to the CBD adds a strong location premium.
Official Australia Post postcode for Ngunnawal. A postcode may cover multiple suburbs.
Australia Post Postcode Finder →Usual resident population at the most recent census.
Weekly median rent for occupied homes. Live rental data integration coming soon.
Annual median household income (before tax) across all households.
Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.
Estimated 3 schools within or near this suburb.
Find schools near Ngunnawal on My School →Estimated 4 parks and green spaces near this suburb.
Monthly median mortgage repayment for households currently paying off a mortgage.
Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.
With 10,957 residents, Ngunnawal is one of Australian Capital Territory's more populous suburbs — roughly 2.9× the state median of 3,808 — giving it a deep buyer and tenant pool that typically supports higher transaction volumes and shorter average days on market. Household income of $115,388/year is 7% below the Australian Capital Territory median of $123,916, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median weekly rent of $450 equates to $1,950/month — about 100% of the median mortgage repayment of $1,950/month — meaning rental income covers most of a typical owner's repayment and this is a genuine cash-flow suburb before tax benefits. 12 km from Canberra places Ngunnawal in the middle commuter belt, close enough for daily trips by car or rail but at a materially lower price point than inner suburbs.
This suburb suits long-term investors looking for a balance of rental yield and capital growth. Schools and transport underpin family demand. Local rents consume roughly 20% of household income — a useful sanity check on tenant affordability.
How Ngunnawal stacks up against the median of all Australian Capital Territory suburbs in our dataset. Positive values mean Ngunnawal sits above the state median; negative means below.
| Metric | Ngunnawal | ACT median | Δ vs state |
|---|---|---|---|
| Population | 10,957 | 3,808 | +188% |
| Median household income | $115,388/yr | $123,916/yr | -7% |
| Median rent (weekly) | $450 | $450 | 0% |
| Median mortgage (monthly) | $1,950 | $2,144 | -9% |
| Distance to CBD | 12 km | 10 km | +20% |
| Separate houses | 65% | 71% | -6pp |
Pre-inspection briefing for Ngunnawal — every item is derived from public datasets, with full citations in our data sources page.
Moderate buy-and-hold potential: Ngunnawal's 10,957-person market and $115,388 median household income work for investors who are selective on street location and property quality rather than counting on a suburb-wide rerating.
Strong rental coverage: $450/week (~$1,950/month) covers 100% of the $1,950/month median mortgage repayment, so the shortfall sits at just $0/month. Investors targeting positive cash flow should shortlist this suburb.
With 65% houses in a 10,957-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.
Run the numbers on a Ngunnawal property
Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.
Create free account →Property values in Ngunnawal should track the wider Australian Capital Territory market through 2026, with the $115,388/year median household income (7% below the $123,916 state median) keeping the suburb firmly mid-pack. Rental coverage runs at ~100% of the typical mortgage ($1,950/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 82/100 places Ngunnawal in the top tier of Australian suburbs we profile, and overall investor sentiment is constructive heading into the second half of 2026.
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Ngunnawal scores 82/100 on our EquitySight investment framework — a strong rating. That score is driven by a population of 10,957, median household income of $115,388/year and median weekly rent of $450. 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.
The main demand drivers in Ngunnawal are proximity to Canberra (12 km), a median household income of $115,388/year, a dwelling mix that is 65% separate houses, roughly 3 schools and 4 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.
Ngunnawal has a usual resident population of approximately 10,957, compared with a Australian Capital Territory suburb median of 3,808 — placing it in the upper 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.
Ngunnawal sits 12 km straight-line from the Canberra CBD. This is comfortable commuter territory, with reasonable rail and road access to the city.
The most recent census recorded a median weekly rent of $450 in Ngunnawal, equating to approximately $23,400/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.
The median monthly mortgage repayment in Ngunnawal is $1,950, or approximately $23,400/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.
A median weekly rent of $450 works out to $1,950/month, covering 100% of the median mortgage repayment of $1,950/month. That means rent exceeds the median repayment by roughly $-0/month, so on these numbers Ngunnawal leans cash-flow-positive before accounting for strata, council rates, insurance and maintenance. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.
The main risks are interest-rate sensitivity on the $1,950 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.
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.