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Suburb Insights · ACT 2611

Wright, ACT 2611 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Wright is a well-established middle-ring suburb of Canberra, Australia, with a population of approximately 3,808, making it a boutique locality. Located approximately 10 km from the Canberra CBD, Wright is a middle ring area in Australian Capital Territory. The median household income is $133,068 per year.

Investment Score

79 / 100 Good

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

Location

Canberra
Wright
Australian Capital Territory · 2611
10 km from Canberra CBD
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Key Indicators

Postcode
2611

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

Australia Post Postcode Finder →
Population
3,808

Usual resident population at the most recent census.

Median weekly rent
$461/wk

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

Median household income
$133,068/yr

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

Distance to CBD
10 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
2

Estimated 2 parks and green spaces near this suburb.

Median monthly mortgage
$1,950/mo

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

Home type
37% houses

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

Why People Like Living in Wright

Who Wright Suits

👨‍👩‍👧FamiliesSchool count or dwelling mix is lighter here.
📊InvestorsRent covers a solid share of the median mortgage.
🏡First-home buyersEntry costs sit at or below the Australian Capital Territory median.
💼ProfessionalsAround 10 km from the CBD with good access.

Pros and Cons

Pros

  • Rent sits within an affordable share of local incomes, supporting tenant demand.
  • Mortgage costs are lower than the Australian Capital Territory median, improving cash-flow margins.
  • Solid transport links into employment hubs.
  • Short distance to the CBD makes commuting straightforward.

Cons

  • Fewer schools inside the suburb itself — verify catchments for neighbouring areas.
  • Traffic can build during peak hours, especially on arterial roads.

Investment Insight

3,808 residents places Wright 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 $133,068/year on average — 7% above the ACT suburb median of $123,916 — a modest premium that supports resilient owner-occupier demand. Median weekly rent of $461 equates to $1,998/month — about 102% 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. At 10 km from the Canberra CBD, Wright sits inside the high-demand inner ring — properties here compete directly with the city's employment, transport and amenity networks. Only 37% of dwellings are separate houses (vs 71% state median), so this is a unit-heavy market where body-corporate decisions and strata supply meaningfully shape investor returns.

Investment Tip

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 18% of household income — a useful sanity check on tenant affordability.

Wright vs Australian Capital Territory Median

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

MetricWrightACT medianΔ vs state
Population3,8083,8080%
Median household income$133,068/yr$123,916/yr+7%
Median rent (weekly)$461$450+2%
Median mortgage (monthly)$1,950$2,144-9%
Distance to CBD10 km10 km0%
Separate houses37%71%-34pp

Investor Checklist

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

Investment Strategy

⚠️
Buy & Hold

Moderate buy-and-hold potential: Wright's 3,808-person market and $133,068 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

Strong rental coverage: $461/week (~$1,998/month) covers 102% 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.

Renovation / Flip

Only 37% of dwellings are separate houses (vs 71% ACT median) — this is a unit and townhouse market, where cosmetic flips struggle against body-corporate restrictions, thinner after-reno uplift and competing new supply.

Risk Factors

Run the numbers on a Wright property

Full Property Analysis

30-year projections for Wright

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Strong

Capital-growth expectations for Wright are modest for 2026 — incomes 7% above the ACT median of $123,916 and a population of 3,808 suggest gains will lag headline metro markets. Rental coverage runs at ~102% of the typical mortgage ($1,998/month rent vs $1,950/month repayment), keeping cash flow in positive or near-neutral territory. The EquitySight investment score of 79/100 places Wright 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 Wright a good suburb for investment?

Wright scores 79/100 on our EquitySight investment framework — a good rating. That score is driven by a population of 3,808, median household income of $133,068/year and median weekly rent of $461. 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 Wright?

The main demand drivers in Wright are proximity to Canberra (10 km), an above-state-median household income of $133,068/year, a dwelling mix that is 37% separate houses, roughly 1 schools and 2 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 Wright?

Wright has a usual resident population of approximately 3,808, 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 Wright from the Canberra CBD?

Wright sits 10 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 Wright?

The most recent census recorded a median weekly rent of $461 in Wright, equating to approximately $23,972/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 Wright?

The median monthly mortgage repayment in Wright 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.

Is Wright cash-flow positive for investors?

A median weekly rent of $461 works out to $1,998/month, covering 102% of the median mortgage repayment of $1,950/month. That means rent exceeds the median repayment by roughly $48/month, so on these numbers Wright 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.

What are the main risks of investing in Wright?

The main risks are a thin buyer pool (3,808 residents), interest-rate sensitivity on the $1,950 median mortgage, a unit-heavy dwelling mix (37% houses) where body-corporate costs and apartment supply affect resale, 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 Wright 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