Hughes ACT Property Investment

Unincorporated ACT · 2605 · Score: 73/100 · Buy

Median House Price
$1.32M
Rental Yield
3.2%
Vacancy Rate
2.0%
Median Weekly Rent
$800/wk
Median Unit Price
$316K
Population
3,210
Days on Market
64 days
Annual Growth
-14.8%

Hughes Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$403/night
Occupancy Rate
52%
Est. Annual Revenue
$76K

Estimated revenue assumes year-round availability. Non-hosted short-stays are night-capped in some councils (e.g. 60 nights across most of Byron Shire, 180 in Ballina, Muswellbrook and parts of Greater Sydney) and levied in Victoria — the legal cap can cut achievable income well below this figure. Run STR Check for the rules on a specific address.

AI Investment Analysis

Hughes ACT Investment Brief

BUY — 3.2% gross yield on a $1,318,000 median.

THE MARKET

Hughes has compounded at 5.4%/yr over 5 years — a house that cost $1,013,240 in 2021 is worth $1,318,000 today. Properties are sitting on market for 64 days (buyers have negotiating room). At the same growth rate, today's median reaches $1,714,425 by 2031.

  • Median house: $1,318,000 | Units: $316,000
  • Gross yield: 3.2% | Net yield: 1.7%
  • 5yr price CAGR: 5.4%/yr | 3yr forecast: 12.8%/yr
  • Population: 3,210 | Owner-occupier rate: 72% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 2.0% (improving) | Rental demand: High
  • Median weekly rent: $800/wk | Days on market: 64 (worsening)
  • Balanced market — vacancy manageable but monitor trend.

SHORT-TERM RENTAL

  • Median nightly rate: $402/night | Occupancy: 52%
  • Estimated annual STR gross: ~$76,394/yr
  • vs long-term rent: $41,600/yr (+84% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • ACT Light Rail Stage 2B (Woden) (Announced)
  • ACT Light Rail Stage 2A (Under Construction)
  • Transport: Canberra Station station 5.3km away

BULL CASE

If Hughes maintains 3%+ annual growth and vacancy stays below 1.4%, median prices could reach $1,515,700 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Hughes pull back 10-15% from $1,318,000, with vacancy rising to 3.6% and rental yields softening as tenants gain leverage.

KEY RISKS

  • No significant risk factors identified for this suburb

COMPARABLE MARKETS

  • Macquarie (ACT): $995,000 median, 3.4% yield, 0.6% 1yr growth
  • Florey (ACT): $935,000 median, 3.7% yield, 16.4% 1yr growth
  • Narrabundah (ACT): $1,366,000 median, 3.1% yield, 15.3% 1yr growth

THE PLAY

Hughes presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 3.2% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $1,186,200 – $1,449,800
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.0/10
▼High SEIFA decile — already upgraded or established affluent area
—Moderate capital growth (5.4% CAGR)
▲Inner/middle ring location (6.7km to CBD) — high gentrification corridor
▲Active development pipeline (22865 approvals) — supply attracting new residents
▲Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

low confidence
1yr Forecast
4.8%
p.a.
2yr Forecast
4.4%
p.a.
5yr Forecast
3.9%
p.a.

Basis: 5yr CAGR 5.4% + 10yr CAGR 6.4%

Growth drivers
  • +Low rental vacancy (2.0%) — constrained supply
Headwinds
  • −Slow market (64 days avg) — buyer hesitancy
  • −High supply pipeline (22865 new approvals) — may cap price growth

Suburb Metric Thresholds

8 green4 yellow4 red
Rental Vacancy Rate
2 high impact
Days on Market
64 high impact
Weekly Rent (house)
800 medium impact
5yr Price CAGR
5.44 high impact
10yr Price CAGR
6.43 high impact
1yr Price Growth
-14.81 medium impact
Population Growth
1.27 high impact
Median Household Income
2894 medium impact
Unemployment Rate
3.5 medium impact
Public Transport Score
6.5 medium impact
School Zone Quality
8.1 medium impact
Distance to CBD
6.65 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
71.6 medium impact
Gross Rental Yield (%)
3.16 high impact
Net Rental Yield (%)
1.66 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

▲ 0.25%

Cash rate as at 2026-05-06 · Credit data 2026-07

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

4,928

2020

5,078

2021

6,172

2022

3,856

2023

2,831

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2605

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

12,488

Education (IEO)

10/10

Econ. Resources (IER)

9/10

10-Year Investment Projection

Modelled on Hughes ACT data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $800/wk median rent for Hughes. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Hughes Primary School
PrimaryGovernment
9.2/10
Alfred Deakin High School
SecondaryGovernment
8.5/10
Canberra College
SecondaryGovernment
7.7/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Analyse a Property in Hughes

Get instant STR rules, granny flat feasibility, rental yield, and full investment strategy comparison for any address in Hughes.

Analyse a Property →

Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.