Canberra is continuing to prove it's solidity for which it is renowned, with most suburbs having recorded growth in their median house prices in the past year. While many city markets stumbled or stalled in the first half of 2019, Canberra retained its “steady as she goes” course and continues to deliver growth.
The national capital is undoubtedly one of the steadiest markets in the nation – underpinned by the strongest real estate economy in capital city Australia.
Welcome to Gungahlin, where the new stage of light rail across Canberra has begun to further improve the public transport in an increasingly growing population. This growth is set to continue. By 2028 the population of the Gungahlin district is expected to be about 106,000 people – 31,000 more people than now. The town centre will see much of this growth, both in the number of residents as well as employment and economic activity.