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ACT’s performance over time

ACT’s best performers

Rank

Top Ranked Suburb

1

WRIGHT

$785,000

26 35.9%

2

AINSLIE

$921,500

44 31.5%

3

CAMPBELL

$1,115,000

33 23.3%

Rank

Top Ranked Suburb

1

HAWKER

$425,000

24 48.7%

2

CITY

$561,000

101 32.0%

3

COOMBS

$430,000

56 26.5%

Rolling Median Price (12 months)

Number sold (12 months)

12 month change in median price

Dwelling values in Canberra are increasing at a moderate pace, up 2.6%

over the second quarter of 2016 to be 4.4% higher over the first six

months of 2016 and 3.9% higher over the past 12 months. Canberra

has consistently been recording only moderate rates of value growth over

recent years despite signs that growth may be accelerating. House values

have increased by 4.1% over the past year, which is a much greater rate

of growth than the 1.7% increase in unit values. Twelve months ago house

and unit rents in Canberra were falling; however, over the past year they

have increased by 1.9% and 2.2% respectively. Despite this, there has

been little change in gross rental yields over the year with house yields

easing from 4.1% to 4.0% and unit yields steady at 5.1%.

Moderate growth for

nation’s capital

AUSTRALIAN CAPITAL TERRITORY

Median prices across ACT

How ACT regions compare

Number

sold

Days on

Market

12 month

growth

South Canberra

277

46

10.7%

North Canberra

417

39

9.5%

Woden Valley

310

43

9.1%

Gungahlin–Hall

958

44

5.2%

Weston Creek–Stromlo

413

54

5.3%

Tuggeranong

934

49

1.4%

Belconnen

1,050

42

5.9%

Lower range (25th percentile) Median price (50th percentile) Upper range (75th percentile)

$200k

$400k

$600k

$800k

$1M

$1.2M

$1.4M

$1.6M

Houses

Units

Median Price

$628,800

$415,200

Quarterly change

3.0%

–2.6%

12 months change

4.1%

1.7%

5 year total change

13.0%

1.6%

10 year total change

47.7%

28.5%

Source: CoreLogic

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