2 King Street is located centrally in the ACT allowing ease of access to Woden, Canberra CBD, Parliamentary Triangle and the Australian National University. Deakin has traditionally been a popular location for various medical professionals due to its close proximity to two of Canberra's major hospitals and recently become a more popular location for a range of office and service type users in the Government and Private Sectors.
The building itself is over three levels and underwent a major refurbishment which was completed in 2012. Recently strata titled into 44 separate units, each tenancy has lift access and shared amenities are available for all tenants.
The innovation of the building has attracted high calibre tenants such as Genea, Aspen Medical, Queensland University of Technology, National Accreditation Authority for Translators & Interpreters, Frog Tech and Konekt Australia. Parking and public transport are available across from the building.
The size of Deakin is approximately 3.6 square kilometres. It has 7 parks covering nearly 29.2% of total area. The population of Deakin in 2016 was 2878 people. By 2021 the population was 3124 showing a population growth of 8.6% in the area during that time. The predominant age group in Deakin is 10-19 years. Households in Deakin are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Deakin work in a professional occupation.In 2021, 73.00% of the homes in Deakin were owner-occupied compared with 70.60% in 2016.
Deakin has 2,017 properties. Over the last 5 years, Houses in Deakin have seen a 27.77% increase in median value, while Units have seen a 24.14% increase. As at 31 January 2026:
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