Unit 27,
HILLCREST 2 PIPECLAY STREET Lawson ACT 2617

About Lawson

With an average age of 28, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $550. The average family earns a weekly income of $2,890 with a typical household size of 2.9 and a 97.54% employment rate.

Consistent high demand relative to supply is a key feature in Lawson driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lawson ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Lawson leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Lawson the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

EPIC and Racecourse Gungahlin Place Macarthur Avenue Ipima Street Nullarbor Avenue Phillip Avenue Dickson Interchange Swinden Street Well Station Drive Sandford Street

General Points of Interest

New Zealand Memorial Gold Creek Station Animals in War Memorial International Flag Display Taglietti House 03 Mckeown House Circling into sleep - Military working dogs Memorial Burbidge Amphitheatre Ian Potter National Conservatory Lookout Peace Pole Poem of the Unknown

Population

(Country of Birth not stated 7%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• Maribyrnong Primary School

  Kaleen, ACT, 2617 Independent K-6

  NAPLAN

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• Giralang Primary School

  Giralang, ACT, 2617 Independent K-6

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website