ACT regions property guide: Your window into Canberra's property market

The past six months feel like a blur of lockdowns, restrictions, breaking records and stories that have stopped us in our tracks.

Despite the challenges we’ve faced as a city, Canberra’s property market has surged at an almost unbelievable pace.

Suburb records were broken on what felt like a weekly basis, and the overall ACT auction record was broken with a $6 million-plus sale.

Is the growth sustainable? Time will tell, but one thing is certain – the property industry has proven its agility and resilience to tackle whatever comes its way.

In the meantime, use this special regions guide as an addition to your property toolkit, arming you with a comprehensive knowledge of the market in each of the capital’s nine regions.

— Ashleigh Went, Allhomes editor

A perfect combination of factors has created extraordinary growth in our housing market. Canberra has had a record-breaking house price upswing providing home owners with the steepest annual rate of growth on record.

The median house price reached $1.178 million, a record high that made us the second most expensive city in which to buy a house, behind Sydney – a title last held in 2005.

Low home loan rates, higher household savings and government stimulus have spurred buyers. Since the pandemic began, house prices have risen 52 per cent, the highest rate of growth recorded across the capital cities.

— Dr Nicola Powell, Domain chief of research & economics 

To see how your region and suburb performed, click on the following links:

• Belconnen
• Gungahlin
• Inner North
• Inner South
• Molonglo Valley
• Queanbeyan
• Tuggeranong
• Weston Creek
• Woden Valley