Free full calculator โ†’
Suburb Insights ยท ACT 2607

Torrens 2607, Australian Capital Territory

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Torrens is an inner-city suburb of Canberra, Australia, with a population of approximately 2,424, making it a boutique locality. Located approximately 11 km from the Canberra CBD, Torrens is a inner city area in Australian Capital Territory. The median household income is $135,824 AUD per year (ABS 2021 Census).

Investment Score

74 / 100 Good

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

Location

Map shows Torrens, Australian Capital Territory, Australia.

Key Indicators

Postcode
2607

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

Australia Post Postcode Finder โ†’
Population
2,424

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

ABS Census Data โ†’
Median Rent (weekly)
$478/wk

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

State Rental Authority โ†’
Median Household Income
$135,824/yr

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

ABS Census Data โ†’
Distance to CBD
11 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.

Find schools near Torrens on My School โ†’
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,470/mo

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

ABS Census Data โ†’
Dwelling Type
80% 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, Torrens 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 $478/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,470/month. A median household income of $135,824/year supports premium property values and indicates a well-employed resident base. 80% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

โœ…
Buy & Hold

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

โœ…
Rental Yield

Torrens's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

โŒ
Renovation / Flip

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

Risk Factors

Run the numbers on a Torrens property

Full Property Analysis

30-year projections for Torrens

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

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Strong Rental Demand: Strong Investor Sentiment: Strong

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

Frequently Asked Questions

Is Torrens a good suburb for investment?

Torrens is a inner city area in Australian Capital Territory with a population of 2,424. The median rent is $478/week and the median household income is $135,824/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 Torrens?

Key demand drivers in Torrens include employment proximity and urban lifestyle. 80% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Torrens?

According to the ABS 2021 Census, Torrens has a population of approximately 2,424. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Torrens from the Canberra CBD?

Torrens is approximately 11 km straight-line distance from the Canberra CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

Australian Capital Territory Property Resources