Phillip (ACT 2606) in Focus 2026: $730,000 Median, 5.3% Yield & 94/100 R-Score

Market Classification: High-Yield & Momentum Sweet Spot · R-Score: 94/100 (National Rank #1,035 of 15,286) · Street Average: 25/100 across 65 streets.

In a 6%+ interest rate environment, most Australian suburbs force investors to choose between capital growth momentum and holding cashflow. Phillip is one of the rare markets in ACT currently delivering both: a 94/100 R-Score paired with a 5.3% gross rental yield at a $730,000 median price. That yield profile preserves bank borrowing serviceability so investors can sequence their next acquisition without a punishing cashflow deficit.

Below is our full September 2026 quantitative and street-level breakdown for Phillip (ACT 2606), combining 36 months of settled price and rental history from our Aurora research warehouse, council-level supply and employment data for Unincorporated ACT (ACT), and block-by-block ABS 2021 Census SA1 tenure and yield rankings across 7,801 residential addresses.

1. Phillip (ACT) 3-Year Market Trajectory & 27-Indicator R-Score (September 2026)

As of September 2026, Phillip records a settled median house price of $730,000. On the rental side, median weekly asking rents moved +31.4% over the past year to $775/wk, equating to a 5.3% gross rental yield. Compared with 12 months ago—when Phillip carried an R-Score of 23/100—its current composite R-Score of 94/100 represents a +71-point shift in underlying market pressure.

Indicator / R-Score Pillar	Phillip (ACT) Current	12-Month / 36-Month Context
Composite Suburb R-Score	94 / 100	Ranked #1,035 of 15,286 suburbs (was 23/100 12m ago)
Median House Price	$730,000	12m change: -14.6%
Median Weekly Rent & Gross Yield	$775/wk (5.3%)	12m rent change: +31.4%
Rental Vacancy & Days on Market	8.6% vacancy	Median selling time: 360 days on market (1.5% vacancy is the tight-market line)
Pillar 1: Buyer Demand	36 / 100	Measures days-on-market compression, vendor discounting & sales velocity
Pillar 2: Supply & Ownership	32 / 100	Measures stock on market, building approvals vs stock & owner-occupier share
Pillar 3: Price Momentum	47 / 100	Measures short/medium-term price velocity vs Unincorporated ACT & ACT
Pillar 4: Yield Pressure	50 / 100	Measures gross rental yield, rent trajectory & vacancy compression

2. The “Two-Speed Suburb” Test: Best & Worst Streets in Phillip (ACT)

Why do two 4-bedroom houses in Phillip achieve completely different bank valuations and tenant quality? Because suburb medians blend every pocket together. When we map all 7,801 addresses across 65 streets in Phillip through G-NAF to their ABS 2021 Census SA1 blocks, the suburb splits into three distinct tiers:

• Strong Street Profile (Score 75–100): 0 streets (0% of scored streets) pass both ABS Census tenure tests (owner-occupiers >65% and public housing ≤5%) plus at least one—or both—of the Phillip rent and yield benchmarks.
• Mid / Mixed Street Profile (Score 50–74): 11 streets pass the core owner-occupier and public-housing thresholds but sit below the suburb median on weekly rent or yield.
• Weaker / Caution Street Profile (Score 0–25): 30 streets fail one or both census tenure thresholds—meaning either owner-occupation sits at or below 65% or state/community public housing exceeds 5% on those specific SA1 blocks.

Top 5 Highest-Scoring Streets in Phillip (ACT)

These streets sit in SA1 census blocks with high homeowner pride of ownership, minimal social housing concentration, and strong block-level rents (inspect all 65 streets in Phillip):

Top Street in Phillip	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Rent & Yield
#1 Hallen Close	50/100	127	69%	0%	— (—)
#2 Jewell Close	50/100	33	69%	0%	— (—)
#3 Terry Close	50/100	17	69%	0%	— (—)
#4 Oldham Court	50/100	16	69%	0%	— (—)
#5 Sulman Place	50/100	40	67%	1.6%	$600/wk (5%)

Streets Where Block-Level Tenure Trails the Phillip Average

By contrast, the streets below run through SA1 census blocks that fail one or more of our tenure or rental tests. A lower Street Score is not a judgement of any individual house, but it highlights where higher renter turnover or public housing concentration exists within Phillip:

Caution Street Sample	Street Score	Addresses	Owner-Occupiers	Public Housing	SA1 Median Rent
Alsop Close	0/100	64	43%	30.7%	$535/wk
Horbury Street	0/100	52	43%	30.7%	$535/wk
Mansfield Place	0/100	48	43%	30.7%	$535/wk

3. Economic & Supply Drivers in Unincorporated ACT Council (Australian Capital Territory)

Phillip sits within the Unincorporated ACT Local Government Area, which has a residential population of approximately 484,630 (+5.1% population movement over the past 3 years) and 163,539 total dwellings. Three council-level fundamentals shape Phillip’s medium-term outlook:

• Local Employment Diversity (ABS Census): The largest employment sectors across Unincorporated ACT are Public Administration and Safety (32%), Education and Training (10%), Health Care and Social Assistance (10%), Professional, Scientific and Technical Services (10%). Multi-sector employment reduces reliance on any single employer or commodity cycle.
• New Building Approvals vs. Existing Stock: Over the latest 12-month financial year, Unincorporated ACT approved 2.3% new dwelling stock (~4,128 dwellings). Because new approvals exceed 1.8% of stock, investors in Phillip must avoid generic greenfield house-and-land pockets and stick to established, built-out streets.
• Tracked Infrastructure Pipeline: Unincorporated ACT currently has $10.5 billion in tracked major infrastructure projects (placing it in the 86th percentile of Australian councils).

4. Worked Cashflow, Deposit & 80% LVR Stress-Test for Phillip (September 2026)

What does it actually cost to acquire and hold a typical house in Phillip at today’s median price of $730,000 and median rent of $775/wk? Below is the baseline 80% Loan-to-Value Ratio (LVR) model we use to stress-test serviceability before shortlisting a property:

Cashflow & Capital Item	Phillip Worked Figure	Assumptions & Notes
Purchase Price (Suburb Median)	$730,000	Settled house median as of September 2026
20% Deposit + Est. Stamp Duty & Costs	$181,040	$146,000 deposit (80% LVR) + ~$35,040 stamp duty, legal & inspection allowance (can be funded via usable home equity)
80% LVR Loan Amount	$584,000	Standard no-LMI investor loan threshold
Gross Annual Rental Income	$40,300/yr ($775/wk)	5.3% gross rental yield before vacancies and expenses
Est. Annual Interest + Operating Costs	$44,530/yr	Assumes 6.25% interest-only ($36,500/yr) + ~1.1% for council rates, insurance & property management ($8,030/yr)
Pre-Tax Weekly Cashflow Position	-$81/wk top-up	Before tax deductions / depreciation (confirm post-tax position with your accountant)

5. Who Should Buy in Phillip—And 3 Rules Before You Make an Offer

Rare Convergence of 5%+ Gross Rental Yield and Top-Quartile Demand. Based on our September 2026 data, Phillip is best suited to first-time property investors, homeowners unlocking $150k–$250k in equity, and second/third property buyers who need strong rental yield (5.3%) to preserve bank borrowing capacity while capturing capital growth.

1. Never Buy Blind on the Suburb Median: In Phillip, 30 streets score below 50/100 on our census tenure and yield tests. Always run the exact street through the Phillip Street Score Hub and target the 0 streets scoring 75–100/100.
2. Check Lot-Level Overlays (Flood, Bushfire, Slope & Easements): Even on a 100/100 streetlike Hallen Close, individual lots can carry overland flow paths, steep gradients, or sewer easements that restrict granny-flat additions or spike insurance premiums.
3. Price Against Street-Matched Settled Comparables: Do not let a selling agent justify an asking price on a 25/100 street using comparable sales from a 100/100 street. Compare settled sales within the same SA1 Street Score band.