Are you living in one of Canberra's growth suburbs?
Canberra’s property market just posted its strongest unit growth in 2 years. Find out which suburbs are growing, and what it means for your home’s value.
Canberra’s overall property market recorded encouraging growth in the June 2025 quarter, with house prices rising 1.1% to a median of $1,069,751. Units saw a more significant increase, surging 4.6% to $610,752, marking the strongest quarterly growth for units in two years.
Suburb Standouts
At the suburb level, Casey led annual house price growth, climbing 12% to $960,750. Over the past five years, Casey has grown by 43%, reflecting steady demand.
In contrast, Denman Prospect experienced the sharpest decline, with prices falling 10.6% to $1,072,500.
Meanwhile, Gordon stood out for long-term performance, with house prices increasing 60% over five years to reach $900,000.
Unit Performance
The unit market also showed resilience with the median unit price now sitting just 2.9% below its September 2023 peak. While quarterly figures are strong, year-on-year data reveals mixed results.
Harrison saw a 7.1% annual increase, reaching $510,000, while Mawson recorded an 11.1% decline. Despite this drop, Mawson has posted the highest growth over the past five years.
Notably, all tracked suburbs except Canberra City have seen unit price increases over that period.
Thinking about selling or curious about your home’s value? Our team are here to help.
