Denman Prospect, ACT 2611
Denman Prospect property market
Unit rentals lead the way in Denman Prospect, with 252 leases (sharply up 72.6%) at $600 a week (flat) as of July 2026, renting out in about 20 days (down from 26 days last year), just over half of homes are 2-bedroom.
Unit sales come next, with 163 sales (up 17.3%) at around $604k (down 10%), taking about 41 days to sell (down from 49 days last year), among the country's biggest unit price drops, with 2-bedroom making up around 4 in 10. Then come 108 house sales at around $1.202M (up 24.5%), among the country's strongest house price gains. 49 house rentals at $1,045 a week (one of the country's least in-demand house rental markets).
Who lives hereAn ultra-high-income, mortgage-belt, family-first suburb — strongly multicultural and newcomer-heavy, with a strongly professional workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Denman Prospect demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Denman Prospect?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Denman Prospect
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Denman Prospect
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.4× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Denman Prospect
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Denman Prospect
1 school inside Denman Prospect, plus the closest options around it. Families can choose from 1 primary school in Denman Prospect and its surrounds, and 1 high school covering the secondary years. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Denman Prospect · 1Order by
- 1Evelyn Scott SchoolGovernment · Combined · Co-ed · Years K-10 · Within suburbState Rank—English—Maths—Students341Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Denman Prospect median house price & rent
Headline price, rent, yield and time on market for Denman Prospect — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Denman Prospect property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Denman Prospect
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Denman Prospect against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Denman Prospect in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Severe shortage | 0.9 | — | 3 | 34 | 2.8 | |
| Severe shortage | 1.1 | ▼ -1.3 | 3 | 34 | 2.8 | |
| Balanced | 2.1 | ▼ -1.0 | 6 | 34 | 2.8 | |
| Balanced | 2.4 | — | 7 | 34 | 2.8 | |
| Balanced | 2.7 | — | 8 | 34 | 2.8 | |
| Loose | 5.8 | ▲ +2.6 | 16 | 34 | 2.8 | |
| Loose | 6.2 | ▲ +2.0 | 18 | 34 | 2.8 | |
| Oversupply | 7.3 | ▲ +4.7 | 21 | 34 | 2.8 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -2.0 | 2 | 47 | 3.9 | |
| Loose | 1.2 | ▼ -1.1 | 5 | 47 | 3.9 | |
| Loose | 1.4 | ▲ +0.2 | 5 | 47 | 3.9 | |
| Loose | 1.8 | ▲ +0.7 | 7 | 47 | 3.9 | |
| Oversupply | 1.9 | ▼ -0.1 | 7 | 47 | 3.9 | |
| Oversupply | 2.0 | ▲ +2.0 | 8 | 47 | 3.9 | |
| Oversupply | 2.3 | ▲ +1.3 | 9 | 47 | 3.9 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Denman Prospect — Units & Houses, all bedrooms
Denman Prospect median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Denman Prospect rose from $291k (Jul 2021) to $804k (Jun 2026) — +176.1% growth over five years — peaking at $843k between Mar 2023 and Feb 2024. Median house rent went from $478/wk to $762/wk (+59.4%) over the same period. For units, the median sale price rose from $428k to $452k (+5.7%), with rent up from $377/wk to $527/wk (+39.8%) over the same period.
Suburbs near Denman Prospect: prices compared
The nearest suburbs to Denman Prospect, ranked by distance — each lined up against Denman Prospect on the same measures, so the differences jump out at a glance.
Suburbs like Denman Prospect
Suburbs anywhere in ACT that behave like Denman Prospect — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Denman Prospect vs Griffith: the closest sales-market match trades at a median of $479k against Denman Prospect's $626k — about 23% lower, with homes selling in 37 days versus 79 days here.
Comparable sales markets to Denman Prospect: Griffith house prices, Wright median house price, Narrabundah median house price, Coombs median house price and Page property market.
Denman Prospect's closest rental-market twins: Griffith house prices, Coombs median house price, Wright median house price, Narrabundah median house price and Page property growth. Each link opens that suburb's full market report.
Frequently asked · Denman Prospect
26 data-driven answers about Denman Prospect's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Denman Prospect?
#The median house price in Denman Prospect, ACT 2611 is $626k as of June 2026, based on 45 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Denman Prospect?
#The median unit price in Denman Prospect, ACT 2611 is $626k as of June 2026, based on 45 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Denman Prospect?
#The median weekly house rent in Denman Prospect is $508 as of June 2026, drawn from 57 leases over the past 12 months. Units rent for around $508 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Denman Prospect?
#A 3 bedroom house in Denman Prospect rents for a median $508 per week as of June 2026, drawn from 57 leases over the past 12 months. Across other house sizes: 2-bedroom $508/week, 4-bedroom $508/week. Unit rents: 1-bedroom $508/week, 2-bedroom $508/week, 3-bedroom $508/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Denman Prospect?
#Gross rental yield in Denman Prospect is 4.17% for houses and 4.17% for units as of June 2026, compared with the ACT unit median of 3.31%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Denman Prospect?
#As of June 2026, Denman Prospect medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $626k | $626k | $626k | $626k |
| Units | $626k | $626k | $626k | — | $626k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Denman Prospect median?
#At the median Denman Prospect house ($626k purchase, $508/week rent), weekly mortgage repayments sit at roughly $632 — about $124 more per week than renting. That gap is the ownership premium. For the median unit ($626k purchase, $508/week rent), repayments run about $632 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Denman Prospect's property market trends?
#Denman Prospect's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 79 days — faster than a year ago by 1; sales supply sits at 7.3 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Denman Prospect market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Denman Prospect as an investment?
#As of June 2026 in Denman Prospect, house prices rose +50.0% over the year, gross rental yield is 4.17% against a ACT median of 2.98%, houses take a median 79 days to sell, sales supply is 7.3 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Denman Prospect?
#Houses in Denman Prospect sell in a median 79 days on market as of June 2026, with units clearing slightly similarly at 79 days. Days on market have tightened by 1 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Denman Prospect a tight or loose property market right now?
#Denman Prospect's sales market sits at 7.3 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 1.8 months of supply.
Have property prices in Denman Prospect gone up or down?
#House prices in Denman Prospect moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Denman Prospect?
#Denman Prospect's house rental market sits at 1.8 months of supply as of June 2026 — classified as Balanced, with 47 houses leased over the past 12 months. Units sit at 0.4 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Denman Prospect in its property market cycle?
#Denman Prospect's house market is currently in the 'softer_weakening' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Denman Prospect compare to other ACT suburbs?
#Denman Prospect's median house price ($626k) is 19% below the ACT median ($769k) as of June 2026. On selling speed, houses clear in 79 days vs 15 days state median. On gross yield, Denman Prospect sits at 4.17% vs 2.98% state median.
How does Denman Prospect compare to neighbouring suburbs?
#Denman Prospect's most-similar nearby market is Whitlam (1.7 km away) with a median house price of $941k — about 50% pricier. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Denman Prospect?
#The most-transacted segment in Denman Prospect over the 12 months to June 2026 is 2 bed houses with 34 sales. 3 bed houses come second at 34 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Denman Prospect last year?
#Denman Prospect recorded 34 house sales and 34 unit sales over the 12 months to June 2026 — a combined 68 transactions. On the rental side, 47 houses and 47 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Denman Prospect in?
#Denman Prospect is in postcode 2611, in the Canberra region of ACT. Addresses there are written as Denman Prospect, ACT 2611.
What is the population of Denman Prospect?
#Denman Prospect, ACT 2611 is home to 1,856 residents (ABS Census 2021). The median resident age is 19, and the average household holds 1.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Denman Prospect?
#The median household in Denman Prospect earns $2k per week — roughly $103k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Denman Prospect?
#The unemployment rate in Denman Prospect is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Denman Prospect?
#Denman Prospect is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Denman Prospect?
#Denman Prospect has 137 schools within reach, 1 of them inside the suburb itself — including Evelyn Scott School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Denman Prospect a good place to live?
#Denman Prospect, ACT 2611 has a population of 1,856, a median age of 19, a median household income around $2k/week, 50% of households renting (ABS Census 2021). There are 137 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Denman Prospect market data last updated?
#This Denman Prospect market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.