502/1 Launceston Street

Phillip ACT 2606

The size of Phillip is approximately 2.5 square kilometres. It has 17 parks covering nearly 27.4% of total area. The population of Phillip in 2011 was 2,083 people. By 2016 the population was 2,948 showing a population growth of 41.5% in the area during that time. The predominant age group in Phillip is 30-39 years. Households in Phillip are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Phillip work in a professional occupation. In 2011, 39.8% of the homes in Phillip were owner-occupied compared with 38.2% in 2016.

Phillip has 4,577 properties. Over the last 5 years, Houses in Phillip have seen a 39.72% increase in median value, while Units have seen a 48.09% increase. As at 28 February 2025:

• The median value for Houses in Phillip is $629,269 while the median value for Units is $502,535.
• Houses have a median rent of $553 while Units have a median rent of $580.