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Sales Activity
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Sales Detail
Population
Yarralumla has seen population growth performance typically on par with national averages when looking at short and medium term trends
Yarralumla's population was 3,120 as of Aug 2021. By June 2024, it decreased to 3,104, a drop of 16 people or 0.5%. This change is inferred from ABS estimates and 4 new addresses validated since the Census date. The population density was 430 persons per square kilometer in Aug 2021. Overseas migration primarily drove recent population growth.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data and years post-2032, ACT Government's SA2 area projections with a 2022 base are adopted. By 2041, Yarralumla is projected to increase by 324 persons, an increase of 10.4% over the 17-year period.
Frequently Asked Questions - Population
Development
Residential development activity is lower than average in Yarralumla according to AreaSearch's national comparison of local real estate markets
Yarralumla has received approximately 15 residential property approvals annually. The Australian Bureau of Statistics provides development approval data on a financial year basis, totalling 78 approvals between the years ending June 2020 and June 2025, with one additional approval in the current financial year ending June 2026. Over these five years, an average of 0.2 people per dwelling has moved to the area annually, indicating that new supply is meeting or exceeding demand. The average construction value of new homes is $666,000, suggesting developers are targeting the premium market segment with higher-end properties.
In the current financial year, $31.4 million in commercial approvals have been registered, reflecting strong local business investment. Compared to the Australian Capital Territory, Yarralumla has a significantly lower building activity level, 60.0% below the regional average per person. This limited new construction typically reinforces demand and pricing for existing dwellings, although development activity has increased recently. The area's new construction is entirely composed of detached houses, maintaining its traditional low-density character with a focus on family homes that appeal to those seeking space. With around 208 people per dwelling approval, Yarralumla exhibits characteristics of a low-density area.
Population forecasts indicate the suburb will gain approximately 322 residents by 2041. Based on current development rates, new housing supply should comfortably meet demand, providing favourable conditions for buyers and potentially supporting growth beyond current population projections.
Frequently Asked Questions - Development
Infrastructure
Yarralumla has moderate levels of nearby infrastructure activity, ranking in the top 50% nationally
The performance of a region can significantly be influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified 16 such projects that are expected to impact the area. Notable among these are Yarralumla Apartments, 2 Schlich Street Public Housing, Canberra Brickworks Precinct, and Forestry Place. The following list details those projects deemed most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
ACT Light Rail Stage 2A (City to Commonwealth Park)
1.7km extension of Canberra's light rail from Alinga Street to Commonwealth Park, including three new stops at Edinburgh Avenue, City South, and Commonwealth Park. Features wire-free operation with on-board energy storage systems, a new bridge over Parkes Way, and cycling and walking infrastructure. Expected to create 1000 jobs and move an extra 3,000 passengers daily. Jointly funded by Australian and ACT Governments. Construction commenced in February 2025 with expected completion in early 2028.
Bandler and Sulman New Suburbs
Development of two new suburbs in the Molonglo Valley - Bandler and Sulman - as part of the Molonglo Valley 3 East planning area. The project will provide approximately 2,500 new dwellings with supporting infrastructure, parks, schools, and community facilities. Planning is in early stages with potential delays due to infrastructure requirements like the Bindubi Street Extension.
Draft Inner South District Strategy
A strategic planning framework by the ACT Government to guide the future development of the Inner South district, including Deakin. The strategy proposes to manage growth and change, potentially allowing for increased housing density, particularly in West Deakin and along the new light rail corridor. It aims to protect the valued characteristics of the district while accommodating future population growth.
The Embassy Residences
A residential development of 53 high-end apartments, primarily with three and four bedrooms, and three ground-floor commercial units for a day spa, club lounge, and art gallery. The project is aimed at downsizers and retirees and is located on the former Margaret Dimoff Art Gallery site. The development includes two basement levels with 134 car parking spaces.
Deakin District Playing Fields Upgrade
Upgrades to the Deakin District Playing Fields, including the installation of new LED sportsground floodlighting to allow for night games.
Deakin Private Hospital
Deakin Private Hospital offers premium and integrated inpatient, day therapy, and hospital-in-the-home services, focusing on individualised and high-quality mental health treatment. It includes a Specialised PTSD & Trauma Support Unit for military and first responders, and services such as Repetitive Transcranial Magnetic Stimulation (rTMS) for depression. The hospital also features co-located clinics and is supported by a multidisciplinary team of Psychiatrists, Medical, Nursing, and Allied Health professionals.
Yarralumla Apartments
Proposed five-storey mixed-use redevelopment opposite the Yarralumla shops at the corner of Novar and Bentham Streets. The scheme includes 12 three-bedroom apartments and two penthouses above ground-floor commercial tenancies, with communal amenities including a residents lounge, garden and pool. Designed to Gold Level Livable Housing Design Guidelines.
2 Schlich Street Public Housing
A public housing development of 30 units, including one, two, and three-bedroom apartments. The project will replace the former Solander Court complex and provide much-needed social housing in the area.
Employment
The labour market in Yarralumla shows considerable strength compared to most other Australian regions
Yarralumla has a highly educated workforce with professional services well represented. The unemployment rate was 2.3% in June 2025, below the Australian Capital Territory's (ACT) rate of 3.4%.
Employment growth over the past year was estimated at 2.3%. As of June 2025, 1,590 residents were employed with a workforce participation rate of 58.1%, significantly lower than the ACT's 69.6%. Key industries include public administration & safety, professional & technical, and health care & social assistance. The area has a notable concentration in professional & technical services, with employment levels at 1.7 times the regional average.
Conversely, public administration & safety shows lower representation at 27.0% versus the regional average of 30.4%. Many residents commute elsewhere for work based on Census data. In the 12 months to June 2025, employment increased by 2.3%, labour force increased by 1.6%, and unemployment fell by 0.7 percentage points in Yarralumla. This compares to ACT-wide figures of employment growth at 1.9%, labour force expansion at 1.6%, and a fall in unemployment of 0.3 percentage points. State-level data to Sep-25 shows ACT employment contracted by 0.33% (losing 1,480 jobs), with the state unemployment rate at 4.2%. This compares favourably to the national unemployment rate of 4.5%, but lags behind national employment growth of 0.26%. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% increase over five years and 13.7% over ten years nationally. Applying these projections to Yarralumla's employment mix suggests local growth of approximately 7.2%% over five years and 14.5% over ten years, based on simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
Yarralumla's median income among taxpayers was $86,986 and average income stood at $132,955 in the financial year 2022. This compares to figures for Australian Capital Territory of $68,678 and $83,634 respectively. Based on Wage Price Index growth of 10.78% since financial year 2022, estimated median income is approximately $96,363 and average income is around $147,288 as of March 2025. According to the 2021 Census figures, household, family and personal incomes in Yarralumla rank highly nationally, between the 99th and 99th percentiles. Distribution data shows that 43.3% of residents (1,344 people) earn over $4,000 annually, contrasting with regional levels where the $1,500 - 2,999 bracket leads at 34.3%. Yarralumla demonstrates affluence with 55.6% earning over $3,000 weekly, supporting premium retail and service offerings. After housing costs, residents retain 89.6% of income, reflecting strong purchasing power. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Yarralumla displays a diverse mix of dwelling types, with above-average rates of outright home ownership
In Yarralumla, as per the latest Census conducted on 28 August 2016, houses accounted for 65.2% of dwellings, with the remaining 34.9% being semi-detached homes, apartments, or other types. This contrasts with the Australian Capital Territory's (ACT) dwelling composition of 40.7% houses and 59.3% other dwellings. Home ownership in Yarralumla stood at 49.2%, while 27.8% of dwellings were mortgaged and 23.0% rented. The median monthly mortgage repayment was $3,425, higher than the ACT average of $2,275. The median weekly rent in Yarralumla was $547, compared to the ACT's $500. Nationally, Yarralumla's median monthly mortgage repayment exceeded the Australian average of $1,863 by $1,562, and its median weekly rent surpassed the national figure of $375 by $172.
Frequently Asked Questions - Housing
Household Composition
Yarralumla has a typical household mix, with a higher-than-average median household size
Family households constitute 71.5% of all households, including 29.7% couples with children, 34.9% couples without children, and 5.9% single parent families. Non-family households account for the remaining 28.5%, with lone person households at 26.4% and group households comprising 2.6%. The median household size is 2.4 people, which is larger than the Australian Capital Territory average of 2.2.
Frequently Asked Questions - Households
Local Schools & Education
Yarralumla shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Educational attainment in Yarralumla is notably high with 62.4% of residents aged 15+ holding university qualifications, surpassing national (30.4%) and regional SA4 averages (46.8%). Bachelor degrees are the most common at 33.1%, followed by postgraduate qualifications (22.9%) and graduate diplomas (6.4%). Vocational pathways account for 15.9% of qualifications, with advanced diplomas at 9.4% and certificates at 6.5%. Educational participation is high, with 28.5% of residents currently enrolled in formal education: primary (8.7%), secondary (8.3%), and tertiary (7.4%).
Yarralumla Primary School serves the area, enrolling 322 students as of a specific date. The school shows significant socio-educational advantages and academic achievement with an ICSEA score of 1133. There is one primary school in Yarralumla, with secondary options available nearby due to limited local school capacity (10.3 places per 100 residents vs regional average of 31.2).
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Yarralumla has 20 active public transport stops, all of which are bus stops. These stops are served by 10 different routes that collectively facilitate 1987 weekly passenger trips. The accessibility of these services is deemed good, with residents living an average of 215 meters from the nearest stop.
Each day, there are approximately 283 trips across all routes, which translates to roughly 99 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Yarralumla's residents are healthier than average in comparison to broader Australia with prevalence of common health conditions quite low across both younger and older age cohorts
Health data for Yarralumla shows a relatively low prevalence of common health conditions across both younger and older age groups. The rate of private health cover is exceptionally high at approximately 82% of the total population of 2,554 people, compared to 78.0% in the Australian Capital Territory (ACT) and 55.3% nationally. The most common medical conditions are arthritis and asthma, affecting 8.8% and 8.4% of residents respectively.
A total of 67.0% of residents report being completely clear of medical ailments, compared to 69.8% in the ACT. As of June 2021, 29.9% of Yarralumla's population is aged 65 and over (927 people), which is higher than the ACT average of 19.9%. Health outcomes among seniors are particularly strong, performing better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Yarralumla was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Yarralumla's cultural diversity was notable, with 17.6% speaking a language other than English at home as of the 2016 Census. Overseas-born residents comprised 29.5%. Christianity was the predominant religion, practiced by 47.2% of the population.
However, Judaism's representation in Yarralumla was equal to its regional proportion, both at 0.6%. The top three ancestry groups were English (25.8%), Australian (20.6%), and Irish (11.5%). Some ethnicities showed variation: Welsh residents were 0.9% compared to the region's 0.7%, Croatian residents were 1.1% versus 0.9%, and South African residents were 0.8% against a regional average of 0.3%.
Frequently Asked Questions - Diversity
Age
Yarralumla ranks among the oldest 10% of areas nationwide
Yarralumla's median age is 50 years, which is significantly higher than the Australian Capital Territory average of 35 years, and also considerably older than Australia's median age of 38 years. The age profile shows that those aged 75-84 are particularly prominent, making up 12.8% of the population, while the 25-34 age group is comparatively smaller at 5.6%. This concentration of the 75-84 age group is well above the national average of 6.0%. Between 2021 and present, the percentage of the population aged 75 to 84 has grown from 8.6% to 12.8%, while the 15 to 24 cohort has increased from 10.4% to 12.0%. Conversely, the 65 to 74 age group has declined from 17.0% to 13.6% and the 25 to 34 age group has dropped from 6.7% to 5.6%. Population forecasts for 2041 indicate substantial demographic changes for Yarralumla, with the strongest projected growth in the 85+ cohort at 100%, adding 107 residents to reach 215. Senior residents aged 65 and above will drive 52% of population growth, underscoring trends towards an aging population. Conversely, population declines are projected for the 5 to 14 and 25 to 34 age cohorts.