Population: 59,095
Median house price: $1.45 million
YoY change: 43.8%
Median unit price: $545,000
YoY change: 7.9%
Clearance rate: 72%
Bordering the city is the Inner North, which has seen a huge amount of development in recent years. It’s become arguably the hottest region in the capital, encompassing a vibrant mix of residential and visitor accommodation, dining precincts and shopping options.
It is one of the oldest parts of Canberra and was built in part in accordance with Walter Burley Griffin’s designs. The area’s surplus military buildings that were reused for housing after World War II – called Tocumwal houses – line the streets of O’Connor and Ainslie.
“It’s not only the hottest, but the most highly desirable region in Canberra,” said JWLand project marketing manager Nick Babic.
“You’re in the thick of the city with an eclectic mix of bars, cafes and restaurants – making it a popular entertainment destination.”
Between New Acton and Dickson, the district is buzzing with activity, cafes, restaurants and bars and is also bursting with cultural landmarks such as the War Memorial and National Museum. The Botanic Gardens are another beautiful feature of the Inner North.
“But while it’s also close to the city, it also hosts a lot of parks, sports fields, mountains like Mount Ainslie and Mount Majura, and bike paths where you’ll often see many families and individuals enjoying the great outdoors,” Mr Babic said.
Median sale prices in Inner North*
Suburb | Property type | Median |
Lyneham | Unit | $460,000 |
Watson | Unit | $476,000 |
Reid | Unit | $505,900 |
O’Connor | Unit | $527,500 |
Dickson | Unit | $540,000 |
Braddon | Unit | $545,000 |
City | Unit | $548,000 |
Turner | Unit | $582,084 |
Campbell | Unit | $600,000 |
Watson | House | $1,029,000 |
Downer | House | $1,250,000 |
Lyneham | House | $1,260,000 |
Ainslie | House | $1,405,000 |
O’Connor | House | $1,590,000 |