Is PHILLIP a good suburb for positive geared property investment in Australia?

PHILLIP in ACT currently features property rental yields up to 3.8% with a 12-month capital growth value of Down -5.7%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in PHILLIP 2606?

The median house price in PHILLIP 2606 is approximately $750,000 based on the latest tracked market indices.

Investment Spotlight • Australia

PHILLIP 2606

State: ACT

Updated: 6 August 2026

PosiProp AI Investment Summary

PHILLIP (ACT 2606) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of Down -5.7%, with a median house buy price of $750,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$638,000

Down -14.4% 3.8% Yield

3 house • buy

$800,500

Down -4.7% 4.3% Yield

4 house • buy

$1,155,000

Not available 4.3% Yield

all house • buy

$750,000

Down -5.7% 3.8% Yield

Suburb Market Profile

Last month Phillip had 116 properties available for rent and 155 properties for sale. Median property prices over the last year range from $750,000 for houses to $490,000 for units. If you are looking for an investment property, consider houses in Phillip rent out for $625 PW with an annual rental yield of 3.8% and units rent for $580 PW with a rental yield of 6.1%. Phillip has seen an annual compound growth rate of -5.7% for houses and -9.8% for units.

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