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10
ACT
Median house prices
by suburb
A positive first quarter for the ACT as house prices rose in three quarters of the territory’s suburbs.
South Canberra, Weston Creek and Woden Valley were the only districts to record price growth across all
suburbs. Belconnen, Gungahlin, North Canberra and Tuggeranong had a varied result. The most expensive
locations (those with a median price above $900,000) all recorded price growth driven by strong demand
and a lack of supply, with Red Hill and Yarralumla breaking the $1 million mark. It was a mixed result at the
more affordable end of the scale (suburbs with a median price $500,000 or below).
The outer districts of the ACT (Belconnen and Tuggeranong) was the location of the most affordable property
in the ACT. Ngunnawal was the only suburb not located in either district to record a median house price below
$500,000. It is consistently one of the popular suburbs in which to purchase a detached house.
Above $900k
$700k–$900k
$600k–$700k
$500k–$600k
$500k and below
Most expensive
Most affordable
Fastest growing
Room for growth
Houses
Houses
Houses
Houses
Units
Units
Units
Units
Griffith
$1.2m
Charnwood
$402,500
1.
Weston
20%+
2.
Casey
20%+
3.
Crace
20%+
1.
Florey
-14.0%
2.
Isaacs
-11.3%
3.
Conder
-11.1%
1.
Lyons
20%
2.
Barton
20%
3.
Forrest
19.2%
1.
Franklin
-19.4%
2.
Harrison
-17.5%
3.
Lyneham
-13.5%
Forrest
$705,000
Franklin
$300,000
Kambah
Woden Valley
Gungahlin
Dickson
Holt
Yarralumla
Canberra
Calwell
Griffith
Bruce
Queanbeyan
Jerrabomberra
New South Wales
Australian Capital Territory
Googong
Weston Creek South Canberra
Woden
Percentage of suburbs with above average
growth (Top 3)
ACT average
growth (YoY)
4.1%
Date period: 12 months to end of March 2015. Data source: APM.
83%
80%
88%