Canberra Real Estate Market Insights

Canberra Property Prices, Auction Results, Median Growth Rates and More

Whether you're buying, renting, or investing in Canberra, ACT, it is important to understand if it's a suitable option for your requirements. Selling a property can be one of life’s most overwhelming events, often causing stress and uncertainty, we at Homes.com.au come to work every day to help Aussies access information regarding the Greater Canberra median property prices, market trends & demographics so we can enable you to be informed regarding your future purchase.

If you're looking at buying in the City of Canberra, continue reading for a brief history lesson to learn more about the lifestyle and what the city has to offer.

Canberra, the capital of Australia, is the 8th largest city of Australia. It is situated on the northern side of the Australian Capital Territory and southwest Sydney. It lies around 660 km on the north-eastern side of Melbourne. Unlike other cities of Australia, there is no city government or local council in Canberra. As per the census of June 2019, the population of this city was 426,704, which is noted to have grown by 1.5% in the last 12 months. The average income in Canberra is higher, and the city's unemployment rate is lower than in other places.

Entertainment and Arts in Canberra Canberra has always been the centre of theatre and live music. The famous Canberra Theatre and Playhouse hosts several productions and concerns. The Street Theatre is another place which offers a lot of music and entertainment. Visitors love to visit Canberra Museum and Gallery in the city. This is the place that houses a precious permanent collection. Many historic homes are open to the public as well.

Transportation in Canberra The district is well-connected by various parkways, which have specific speed limits. High-speed railways, taxi services, buses and flights help keep the city connected to other parts of Australia.

History of Canberra Before the early settlers moved into the region, Canberra was occupied by Indigenous Australians. According to Norman Tindale, the anthropologist, the Ngunnawal people had also occupied the city. Ngarigo people had occupied the region towards the south. Other settlers include the Gandangara people, Walgulo and Wandandian, who occupied the eastern fringes. There is plenty of evidence related to settlements in the region in the form of burial places, engravings, stone tools and other arrangements. Canberra is a developed city with all amenities and facilities needed for a luxurious and comfortable stay. The city celebrated the 100th anniversary of its name in 2013.

You don't have to go it alone, get a better understanding of the real estate market by partnerering with an experienced real estate agent in Canberra on our find agent page.