Real Estate City ACT 2601

Real Estate Market: Is City ACT 2601 a Good Suburb to Buy Into?

Housing Market in City

Key City Metrics & Forecast to 2028

Sources: Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Australian Capital Territory	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$573	Bottom 47%	1% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in City

City Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Australian Capital Territory	Trend
Development applications	0	Bottom 38%	Data for Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	16	Top 6%	166% to Dec 2025

Housing Stock Quality in City

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023

Field	Value	VS Australian Capital Territory	Trend
Houses	0.0%	Bottom 0%	Data for Jan 2021
Average bedrooms - all homes	1.7	Bottom 7%	15% to Jan 2021
NBN connection: fibreoptic cable to node	4.0%	Top 18%	Data for Jun 2023

Development Restrictions in City

City Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, ABS and Microburbs, 2011 - 2023

	Field	Value	VS Australian Capital Territory	Trend
	Total area	1.7 sq km	Bottom 18%	Data for Jan 2021
	Residential density	175 sqm per resident	Bottom 3%	Data for Jan 2021

Risk in City

City Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Australian Capital Territory	Trend
% Owner Occupied	48.9%	Bottom 0%	5% to May 2023
% Rentals	51.1%	Top 1%	5% to May 2023
Housing Affordability Index	66	Top 4%	Data for Jun 2023
Median monthly mortgage	$2,690	Top 17%	17% to May 2023
Rent Affordability Index (Houses)	70	Bottom 11%	Data for Jun 2023
Rent Affordability Index (Units)	68	Bottom 15%	Data for Jun 2023
Mortgage as a percent of income	20.1%	Bottom 38%	11% to Jan 2021
Mortgaged Dwellings	25.2%	Bottom 15%	18% to May 2023

Unit Market in City

City Unit Investor Report

Sample Graphic

Field	Value	VS Australian Capital Territory	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$684	Top 9%	47% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	47.0%	Bottom 18%	130% to Dec 2025

Housing Demand in City

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030

Field	Value	VS Australian Capital Territory	Trend
Future Population (SA2)	31300	Top 1%	495% to Dec 2060
Historical Population (SA3)	64800	Top 49%	67% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	467000	Top 1%	45% to Dec 2023
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Median House Rental Prices by Street (1)

Street	Date	Median rent (per week)
London Cct	06 Dec 2025	$573

Planning Applications: Dwellings (3)

Headline	Place	Date
PROPOSAL FOR ALTERATIONS AND ADDITIONS TO EXISTING COMERCIAL DEVELOPMENT - partial demolition of the existing entrance, feature wall and glazing, construction of a new entryway, new columns, and associated works. - ACT Planning & Land Authority 202139665	125 Bunda Street, City, ACT	17 Feb 2022
PROPOSAL FOR ALTERATIONS AND ADDITIONS - Demolition of existing plant room and additions and alterations to existing 2 storey building, new windows and enclosed breakout space, new plant room and associated works. - ACT Planning & Land Authority 202138441	9 Gordon Street, City, ACT	08 Sep 2021
PROPOSAL FOR ALTERATION AND ADDITIONS TO COMMERCIAL BUILDING - Internal demolitions and upgrades to foyer entries, stairs and access ramp, demolition and alterations to existing glazed facades, new pergolas, overflows and associated works. - ACT Planning & Land Authority 202138531	12 Moore Street, City, ACT	08 Jun 2021

Planning Applications: Other (12)

Headline	Place	Date
PROPOSAL FOR ALTERATIONS AND ADDITIONS TO EXISTING COMMERCIAL DEVELOPMENT AND LEASE VARIATION - upgrades to the existing faade along Bunda street, installation of new signage, extension to existing tenancy, new shopfronts and existing shopfront upgrades, civil and associated works. Lease variation; change to the purpose clause to add 'Vehicle Sales limited to Electric Vehicles' as a permitted use; amendment of gross floor area by an additional 300sqm. - ACT Planning & Land Authority 202139727	125 Bunda Street, City, ACT	12 Feb 2022
PROPOSAL FOR ALTERATIONS TO EXISTING COMMERCIAL DEVELOPMENT - minor demolition work to accommodate alterations to the building faade, new awning and window shades, civil works, signage and associated works. - ACT Planning & Land Authority 202139681	202 City Walk, City, ACT	25 Jan 2022
PROPOSAL FOR A NEW SIGN - Proposed new illuminated sign enclosed within the existing glass box on Level 1 of the Canberra Centre. - ACT Planning & Land Authority 202139146	125 Bunda Street, City, ACT	02 Nov 2021
LEASE VARIATION - Lease variation to add `carpark+ as a permitted use and introduce maximum gross floor area limitations for specific uses. - ACT Planning & Land Authority 202139215	221 London Circuit, City, ACT	09 Oct 2021
ALTERATIONS AND LEASE VARIATION CONSOLIDATION - To consolidate the leases over blocks 6 and 7 section 14 City into one lease, to change the use of the building from office to club on the ground floor to facilitate a change of building class, and for alterations to the site along the block boundary. - ACT Planning & Land Authority 202139027	202 City Walk, City, ACT	07 Oct 2021

LGA Details (1)

Headline	Place	Datetime
Local government area	Unincorporated ACT

Median Unit Sale Prices by Street (9)

Date	Median sale value	Street
06 Dec 2025	$310,200	Akuna St
06 Dec 2025	$534,400	Allara St
06 Dec 2025	$757,100	Bunda St
06 Dec 2025	$441,600	Coranderrk St
06 Dec 2025	$523,100	Edinburgh Ave

Median House Sale Prices by Street (14)

Street	Date	Median sale value
Ainslie Pl	31 Aug 2025	2872000.0
Alinga St	31 Aug 2025	1284000.0
Allara St	31 Aug 2025	595600.0
Bunda St	31 Aug 2025	750000.0
City Walk	31 Aug 2025	690100.0

Percent of Renters by Street (30)

Percent of Renters	Street
32.4%	Bunda St
0.0%	Ainslie Pl
23.5%	Akuna St
0.0%	Alinga St
30.8%	Allara St

Turnover Rate by Street (26)

Turnover rate	Street	Turnover Label	Turnover Years	Year
83.2%	Marcus Clarke St	average turnover	Every 12.0 years (average turnover)	2025
118.1%	City Walk	very high turnover	Every 8.5 years (very high turnover)	2025
104.9%	Edinburgh Ave	very high turnover	Every 9.5 years (very high turnover)	2025
99.2%	West Row	high turnover	Every 10.1 years (high turnover)	2025
110.4%	Allara St	very high turnover	Every 9.1 years (very high turnover)	2025

Recently Sold Houses (26)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 81, 3 London Circuit	$680,000	2.0	2.0	2.0	09 Oct 2025	On Market
Unit 100, 15 Coranderrk St	Price Withheld	2.0	2.0	2.0	30 Aug 2024	On Market
19 Marcus Clarke St	Price Withheld	2.0	2.0		07 Sep 2023	On Market
25 Edinburgh Ave	Price Withheld	1.0	1.0	1.0	30 Aug 2023	On Market
Unit 5, 2 Edinburgh Ave	$742,700	2.0	2.0	1.0	22 Mar 2023	On Market

Businesses (95)

Name	Address
The Acacia Group	60 Marcus Clarke St, Canberra ACT 2601, Australia
ACT Scaffold
BPSM Architects	Level 5 15 Moore St
Canberra Wide Apartments - Metropolitan	3, London Cct
Canberra Wide Apartments

Accommodation Options (5)

Name	Address
L.J. Hooker Canberra City	First Floor 182-200 Citywalk
BreakFree Capital Tower	2, Marcus Clarke St
Forum 18 & 103	66, Allara St
Quest Canberra	28, West Row
Christmas Tree Cottage	242, Shingle Hill Fed Hwy 2621

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 96, 66 Allara St	$780	2	2	1	08 Sep 2025
Unit 96, 66 Allara St	$780	2	2	1	08 Sep 2025
Unit 96, 66 Allara St	$780	2	2	1	08 Sep 2025
Unit 96, 66 Allara St	$780	2	2	1	08 Sep 2025
Unit 96, 66 Allara St	$780	2	2	1	08 Sep 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 74, 20 Allara St	$680	2.0	2.0	1.0	04 Dec 2025
Unit 1004, 19 Marcus Clarke St	$850	2.0	2.0	2.0	04 Dec 2025
Unit 1004, 19 Marcus Clarke St	$850	2.0	2.0	2.0	04 Dec 2025
Unit 27, 3 London Circuit	$580	1.0	1.0	1.0	04 Dec 2025
Unit 27, 3 London Circuit	$580	1.0	1.0	1.0	04 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit G1, 19 Marcus Clarke St	$660,000	1.0	1.0	1.0	28 Nov 2025	On Market
Unit G1, 19 Marcus Clarke St	$660,000	1.0	1.0	1.0	28 Nov 2025	On Market
Unit G1, 19 Marcus Clarke St	$660,000	1.0	1.0	1.0	28 Nov 2025	On Market
Unit G1, 19 Marcus Clarke St	$660,000	1.0	1.0	1.0	28 Nov 2025	On Market
Unit G1, 19 Marcus Clarke St	$660,000	1.0	1.0	1.0	28 Nov 2025	On Market

Expand ↗️

Loading Choropleth Data

Min Max

Subscribe to see the timeline. See samples: