Australian Capital Territory Property Market & Development Rates — May 2026 | Suburbtrends

Australian Capital Territory Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Australian Capital Territory SA4 range from $925,000 (Tuggeranong) to $1,820,000 (South Canberra). The stock-weighted rental vacancy rate is 18.7%, ranging from 11.5% in Canberra East to 27.3% in Molonglo. Top median house rent is $1600/week in O'Malley.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$1.82M
South Canberra median house
$1.30M
North Canberra median house
+8.2%
Top SA3 growth (South Canberra)
18.7%
SA4 vacancy (weighted)
$1600/wk
Top house rent (O'Malley)
906
Houses listed for sale

What is the median house price in the Australian Capital Territory?

Median house prices across the Australian Capital Territory's SA3 markets span $925,000 to $1,820,000, with South Canberra the most expensive market and Tuggeranong the most affordable.

SA3 house markets, Australian Capital Territory — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
South Canberra$1,820,000+8.2%$650,00030
North Canberra$1,300,000+4.0%$565,00025
Woden Valley$1,288,000+5.1%$505,00023
Molonglo$1,090,000−11.0%$491,50038
Gungahlin$1,015,000+6.2%$595,00026
Weston Creek$980,000+4.8%$730,50023
Belconnen$940,000+8.0%$560,00023
Tuggeranong$925,000+6.3%$661,00023
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Gungahlin2026821387
Belconnen17561241113
North Canberra14439501341
Tuggeranong127307840
Woden Valley9236226101
South Canberra7828316148
Weston Creek4418125
Molonglo441212546

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
Forrest South Canberra$3,400,000$695,000
DeakinSouth Canberra$2,300,000+37.3%
Griffith (ACT) South Canberra$2,075,000$620,000
YarralumlaSouth Canberra$2,045,000−11.1%$1,050,000
Red Hill (ACT) South Canberra$2,002,000
Turner North Canberra$1,950,000$630,000
Campbell North Canberra$1,680,000
Braddon North Canberra$1,500,000$560,000
Reid North Canberra$1,460,000$470,000
AinslieNorth Canberra$1,455,000+4.7%
CurtinWoden Valley$1,435,000+14.8%$355,000
Garran Woden Valley$1,425,000$755,000
NarrabundahSouth Canberra$1,421,000+22.0%$600,000
Hawker Belconnen$1,351,000
Aranda Belconnen$1,330,000
Weetangera Belconnen$1,320,000
Wright Molonglo$1,310,000$475,000
HackettNorth Canberra$1,300,000−10.3%
Chifley Woden Valley$1,298,000$544,000
FarrerWoden Valley$1,280,000+11.3%
Pearce Woden Valley$1,280,000
Bruce Belconnen$1,270,000$430,000
NichollsGungahlin$1,250,000+4.2%$912,500
Chapman Weston Creek$1,250,000
WatsonNorth Canberra$1,225,000+11.3%$535,000
Dickson North Canberra$1,220,000$580,000
Lyneham North Canberra$1,215,000$510,000
Lawson Belconnen$1,210,500$693,000
Torrens Woden Valley$1,180,000
Mawson Woden Valley$1,170,000$485,000
Hughes Woden Valley$1,169,000
DownerNorth Canberra$1,160,000−2.1%
Cook Belconnen$1,155,000$850,000
Fadden Tuggeranong$1,150,000
Lyons (ACT) Woden Valley$1,150,000$360,000
Denman Prospect Molonglo$1,150,000
Isaacs Woden Valley$1,140,000
FordeGungahlin$1,130,000+15.9%
Throsby Gungahlin$1,130,000
Jacka Gungahlin$1,107,500
Stirling Weston Creek$1,100,000
McKellar Belconnen$1,090,000
MoncrieffGungahlin$1,090,000+6.3%
Fraser Belconnen$1,080,000
GungahlinGungahlin$1,078,000+19.8%$430,000
FranklinGungahlin$1,072,500+4.5%$490,000
HarrisonGungahlin$1,070,000+8.6%$490,000
KaleenBelconnen$1,020,000−0.6%
Florey Belconnen$1,010,000
Macquarie Belconnen$1,010,000$720,000
AmarooGungahlin$1,010,000+5.8%$760,000
BonnerGungahlin$1,000,000+3.6%
Macarthur Tuggeranong$1,000,000
Holder Weston Creek$980,000
Flynn (ACT)Belconnen$977,500+7.4%
Oxley (ACT) Tuggeranong$972,500
Gowrie (ACT)Tuggeranong$970,000+10.1%
MonashTuggeranong$960,000+3.8%
Duffy Weston Creek$960,000
CraceGungahlin$955,000−12.8%
Spence Belconnen$953,300
ConderTuggeranong$953,000−2.8%
Waramanga Weston Creek$952,000
Fisher Weston Creek$950,000
DunlopBelconnen$947,500+11.3%
Bonython Tuggeranong$947,000$775,000
Gilmore Tuggeranong$931,000
WanniassaTuggeranong$930,000+8.8%
Coombs Molonglo$930,000$592,000
ChisholmTuggeranong$926,000+5.5%
ACT - South West Urriarra - Namadgi$926,000
CaseyGungahlin$925,000−4.1%$770,000
MelbaBelconnen$916,000+0.1%
PalmerstonGungahlin$911,000−7.0%$655,000
CalwellTuggeranong$908,000+9.4%
KambahTuggeranong$908,000+4.6%$705,000
Gordon (ACT)Tuggeranong$905,000+0.0%$665,000
Scullin Belconnen$903,500
GiralangBelconnen$900,000−2.2%
Rivett Weston Creek$900,000
Greenway Tuggeranong$892,000$465,000
BanksTuggeranong$890,000+18.7%
TheodoreTuggeranong$890,000+4.1%
Higgins Belconnen$876,000
Page Belconnen$876,000$590,000
LathamBelconnen$874,000+10.4%
EvattBelconnen$870,000+0.0%
Isabella PlainsTuggeranong$860,000+2.4%
NgunnawalGungahlin$830,000+7.8%$655,000
Macgregor (ACT)Belconnen$826,000+5.9%
HoltBelconnen$820,000+2.2%$562,250
Richardson Tuggeranong$785,000
Charnwood Belconnen$750,000
Phillip Woden Valley$720,000$470,000
Belconnen Belconnen$630,000$486,000
Canberra East Canberra East$269,000

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Australian Capital Territory areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Deakin +37.3%, Narrabundah +22.0%, Gungahlin +19.8%, Banks +18.7%, Forde +15.9%. The softest market was Crace (-12.8%).

What is the rental vacancy rate in the Australian Capital Territory?

The stock-weighted rental vacancy rate across the Australian Capital Territory SA4 is 18.7% as at May 2026. Conditions range from 11.5% in Canberra East to 27.3% in Molonglo.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Canberra East0.0%3.7%8.7%11.1%10.5%11.5%26
Weston Creek14.3%10.5%12.3%12.5%14.0%13.6%66
Belconnen14.1%13.2%15.5%14.5%15.5%15.8%551
Tuggeranong14.8%17.2%16.1%14.5%13.1%16.4%250
Woden Valley14.3%12.4%12.0%12.1%15.0%18.1%375
North Canberra15.2%15.3%14.9%15.5%16.5%18.7%893
Gungahlin14.0%14.6%16.4%16.8%20.3%19.5%513
South Canberra9.8%10.4%13.4%16.3%19.4%20.6%393
Molonglo12.6%12.1%16.9%23.4%29.8%27.3%216
Uriarra - Namadgi0.0%0.0%0.0%

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Australian Capital Territory?

Median house rents across the Australian Capital Territory run to $1600/week in O'Malley at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
O'Malley$1600$590$1400
Forrest$1350$1350$1295
Red Hill (ACT)$1150$485$900$1200
Yarralumla$1100$670$880$1100
Denman Prospect$1100$600$780$1050
Wright$980$605$745$980
Deakin$940$660$730$1100
Campbell$920$700$860$1010
Whitlam$900$560$740$950
Reid$890$590$880$1000
Chapman$880$700$880
Garran$880$690$745$895
Macnamara$860$860
ACT - South West$855$855
Hall$850$490$850$1350
Griffith (ACT)$850$620$870$1000
Forde$820$640$720$850
Barton$820$820$950$1100
Farrer$820$570$700$850
Moncrieff$800$540$670$830
Taylor$800$610$680$850
Weetangera$795$480$680$820
Throsby$795$730$850
Curtin$790$525$700$950
Isaacs$790$510$750$850
Lyons (ACT)$790$650$650$890
Narrabundah$785$595$750$1000
Crace$780$580$719$850
Harrison$780$570$670$790
Ainslie$780$550$750$1200
Aranda$765$750$650$920
Fadden$760$725$780
Duffy$760$650$850
Hughes$760$600$650$920
Bruce$750$600$720$800
Flynn (ACT)$750$670$750
Lawson$750$590$680$800
Franklin$750$590$650$830
Gungahlin$750$520$695$765
Nicholls$750$650$700$795
Dickson$750$650$750$900
O'Connor (ACT)$750$595$700$950
Turner$750$620$800$1150
Weston$750$390$670$850
Fraser$740$500$700$750
Hackett$740$580$720$800
Gowrie (ACT)$740$700$800
Stirling$735$680$780
McKellar$730$680$820
Amaroo$730$650$770
Melba$720$550$680$770
Strathnairn$720$580$680$800
Braddon$720$720$750$995
Downer$720$550$705$990
Oxley (ACT)$720$695$800
Holder$720$650$800
Mawson$720$560$670$850
Pearce$720$500$670$875
Coombs$720$550$720$980
Bonner$715$575$660$798
Torrens$710$550$695$800
Dunlop$700$500$640$755
Kaleen$700$520$690$780
Spence$700$620$750
Watson$700$570$680$870
Chisholm$700$495$670$820
Macarthur$700$630$795
Monash$700$680$790
Chifley$700$680$680$830
Jacka$690$540$670$770
Lyneham$690$565$680$920
Conder$685$670$830
Giralang$680$530$650$770
Casey$680$570$660$800
Kambah$680$475$660$790
Wanniassa$680$565$670$750
Latham$670$560$630$720
Gilmore$670$560$670$680
Gordon (ACT)$670$490$650$800
Florey$660$650$750
Page$660$535$650$880
Bonython$660$560$620$750
Calwell$660$550$650$850
Rivett$660$640$770
Evatt$655$520$650$760
Higgins$650$530$650$680
Holt$650$540$650$780
Macgregor (ACT)$650$520$640$750
Ngunnawal$650$550$630$795
Palmerston$650$530$650$790
Civic$650$650
Kingston (ACT)$650$620$1000$1300
Banks$650$650$800
Isabella Plains$650$520$650$640
Richardson$650$650$765
Theodore$650$630$780
Fisher$650$485$675$860
Waramanga$650$550$650$850
Cook$640$565$650$845
Macquarie$630$620$630$690
Scullin$630$520$630$690
Hawker$620$500$620$900
Phillip$620$610$650
Charnwood$600$570$600$650
Belconnen$590$580$650
Canberra East$520$520$650
Greenway$500$565$650
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Fadden$750$750
Yarralumla$730$680$960
Garran$730$600$750
Throsby$700$600$700
Forrest$700$750$1100
Flynn (ACT)$680$730
Lawson$660$600$700
Aranda$655$655$800
McKellar$650$650
Forde$650$580$650
Hall$650$585$650
Nicholls$650$510$650
Moncrieff$650$600$680
Dickson$650$680$840
Campbell$650$700$950
Conder$650$570
Monash$650$570$650
Richardson$650$650
Isaacs$650$850$650
O'Malley$650$650
Ainslie$645$645$800
Civic$640$720$1000
Kingston (ACT)$640$685$950
Kambah$625$530$670
Giralang$620$640$585
Casey$620$580$675
Griffith (ACT)$620$670$850
Bonython$620$535$630
Holder$620$525$640
Turner$615$660$860
Amaroo$610$590$660
Taylor$610$600$690
Reid$610$640$870
Braddon$605$680$950
Cook$600$580$720
Florey$600$550$610
Kaleen$600$560$625
Bonner$600$575$650
Palmerston$600$560$620
Deakin$600$670$1015
Barton$600$730$1100
Stirling$600$500$585
Weston$600$600$740
Coombs$600$585$700
Ngunnawal$590$530$600
Narrabundah$590$600$720
Bruce$580$580$690
Page$580$575$595
Jacka$580$570$640
Watson$580$560$730
Calwell$580$580
Gordon (ACT)$580$540$580
Oxley (ACT)$580$500$580
Duffy$580$480$700
Wright$580$590$690
Gowrie (ACT)$575$575
Phillip$575$620$750
Charnwood$570$490$595
Holt$570$530$600
Isabella Plains$570$570
Denman Prospect$570$600$730
Gilmore$565$530$565
Pearce$565$530$660
Belconnen$560$595$700
Crace$560$575$670
Franklin$560$580$670
Harrison$560$560$660
Waramanga$560$540$720
Lyneham$555$620$780
Dunlop$550$550$650
Macquarie$550$570$720
O'Connor (ACT)$550$620$880
Red Hill (ACT)$550$520$1025
Banks$550$550$720
Chapman$550$550$665
Rivett$550$550$650
Chifley$550$625$630
Mawson$550$500$720
Torrens$550$560$530
Gungahlin$545$565$695
Macgregor (ACT)$540$525$630
Downer$530$600$750
Chisholm$530$530$650
Greenway$530$550$675
Wanniassa$530$520$650
Fisher$525$525
Weetangera$515$500$550
Theodore$515$515$580
Hawker$500$500$570
Latham$500$500$595
Scullin$500$500$590
Farrer$500$430$750
Evatt$495$495$600
Curtin$495$510$650
Fraser$480$480
Melba$480$480$650
Lyons (ACT)$480$505$720
Canberra East$450$480$700
Hughes$450$450$600
Hackett$410$460
Higgins$400$540$630
Spence$350$550

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Australian Capital Territory — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.