Inner North: The hottest region that's close to all the action

February 11, 2022
The Inner North is one of the oldest parts of Canberra. Photo: Yicai Photo: Yicai

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%

Source: Australian Bureau of Statistics & Domain Group

 

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.

The Inner North is a bustling region in the capital. Photo: Kara Rosenlund

“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.”

Graphic: Frank Maiorana Photo: Frank Maiorana

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.

Inner North - Canberra. Sculpture in NewActon Photo: Kara Rosenlund

 

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

*Suburbs with at least 50 sales in the 12 months to December, 2021.

 

House hunting in Inner North? Check out properties for sale here.
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