Population: 30,412
Median house price: $2 million
YoY change: 43.1%
Median unit price: $644,000
YoY change: 7.7%
Clearance rate: 76%
The Inner South is home to many of Canberra’s cultural icons, including the National Museum of Australia and the National Portrait Gallery of Australia. Lake Burley Griffin is the scenic backdrop, and the perfect spot for brunch or an afternoon picnic.
The Inner South is at the heart of Australia’s democracy, as it hosts Parliament House and almost 80 embassies spread across the region.
Given it’s one of the territory’s oldest regions, you’re likely to find heritage-listed houses sprinkled across suburbs such as Forrest, Barton and Griffith. Prominent in the area are signature 1960s red-brick buildings that began or still exist as “govvies” (government-built homes).
The region also features some of Canberra’s most prestigious neighbourhoods and the coveted ‘Golden Mile’, along Mugga Way bordering the Red Hill Nature Reserve.
“This is one of the most desirable places in Canberra. It’s a mature region underpinned by some of Canberra’s best residential homes on tree-lined streets and soaring hedges,” said Mario Sanfrancesco of Blackshaw Manuka.
“This is a region a lot of people upsize to. Once you get in, you don’t want to leave.”
When it comes to education, the Inner South will leave you spoilt for choice. Some of Canberra’s top schools, including Canberra Grammar School and Canberra Girls Grammar School, are located in the area.
Median sale prices in Inner South*
Suburb | Property type | Median price |
Griffith | Unit | $500,000 |
Narrabundah | Unit | $510,000 |
Kingston | Unit | $655,000 |
Barton | Unit | $685,000 |
Forrest | Unit | $830,000 |
Narrabundah | House | $1,301,000 |
Red Hill | House | $2,357,500 |