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ACT’s performance over time
ACT’s best performers
Rank
Top Ranked Suburb
1
CASEY $565,000
169 33.0%
2
WESTON $685,000
47 24.0%
3
AINSLIE $832,500
48 19.8%
Rank
Top Ranked Suburb
1
CITY $478,750
104 12.0%
2
KINGSTON $553,000
182 10.6%
3
TURNER $485,000
130 6.9%
Rolling Median Price (12 months)
Number sold (12 months)
12 month change in median price
Canberra housing market conditions have seen some improvement
over the year as housing supply is absorbed and local confidence
improves. Dwelling values are once again starting to rise, mostly due
to higher house prices rather than unit prices. As market conditions
gradually improve, transaction numbers have risen over the past
12 months as buyers become more confident in the local market.
Canberra rental yields remain higher than the capital city average,
which may be attractive to investors interested in taking a stake in the
housing market of the nation’s capital.
Values rise in Canberra
AUSTRALIAN CAPITAL TERRITORY
Median prices across ACT
How ACT regions compare
Number
sold
Days on
Market
12 month
growth
South Canberra
258
48
12.9%
North Canberra
384
43
7.7%
Woden Valley
317
53
9.7%
Weston Creek-Stromlo
351
51
3.9%
Tuggeranong
983
49
1.0%
Gungahlin-Hall
1,072
49
5.9%
Belconnen
970
45
4.0%
Lower range (25th percentile) Median price (50th percentile) Upper range (75th percentile)
$0.2m
$0.4m
$0.6m
$0.8m
$1.0m
$1.2m
$1.4m
$1.6m
Houses
Units
Median Price
$599,500
$405,000
Quarterly change
-0.4%
-0.5%
12 months change
1.1%
-6.2%
5 year total change
5.3%
-5.9%
10 year total change
47.2%
26.6%
* Based on postcode median house sale prices for 12 months to end September 2015.
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