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Canberra Airport, ACT 2609 Review


Average price of BR Unit Updated on: June 2021


Average price of BR Unit Updated on: June 2021

Demand Score

Average days in market: 120 days Updated on: June 2021

School Score

ACT Suburb School Naplan Rank

Safety Score

Average crime rate of NSW suburb is 805

Canberra Airport School Ranking

Not Available


Average price of house in Canberra Airport have grown around 0% in last 3 months.

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12 Month Growth
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Total Populations of Canberra Airport

Ratio of Owner vs Renter

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Justprop Editor

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Canberra Airport
In an update to its website, the ACT government declared that it will be providing information to tenants, landlords and real estate agents “to help all parties understand their rights and obligations during this difficult and uncertain period”.  When it comes to rent reduction rebates, the ACT government confirmed that to be entitled to this rebate, landlords must reduce tenants’ rent by at least 25 per cent for up to six months. “The government will match 50 per cent of the rent reduction to a maximum of $2, 600 over six months or $100 per week. The government’s share of the rent reduction will be provided to landlords through a rebate, ” it said. Further, the ACT government confirmed that it is also preparing regulations to support tenants under financial duress. These options include a short-term moratorium on evictions, temporary freeze of rental increases and prevention of “blacklisting” as a result of being unable to pay rent, it said. Breaking down the idea of rent payment freeze agreements, the ACT government said “parties may reach an agreement to delay rental payments if a tenant is not earning income”. “Any outstanding rent during this period will be a debt owed to your landlord. However, this debt will not accrue interest for the period of any moratorium, ” it added. Source: x ACT government reiterates commitment to tenants an... The ACT government has issued a statement expressing its commitment to Canberrans and local businesses who are struggling amid the coronavirus (COVID-19) pandemic.
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The Australian property market finally started to pick up at the end of last year after suffering a long downturn. After the election results, OpenAgent’s Consumer Sentiment Index saw an increase in price expectations. This outlook is continuing to improve, suggesting that property prices could continue going up. New South Wales The proportion of New South Wales home sellers believing that prices will be going up within the next six months gradually increased throughout last quarter. By the end of December, 82 per cent believed prices would stay the same and only 6 per cent believed they would go down. Victoria At the last quarter, home sellers in Victoria were the most optimistic compared to home sellers in the other states. In particular, there was a massive spike from November to December. A large 85 per cent of respondents in Victoria believed prices would be going up during the first half of this year. Queensland Price expectations in Queensland remained stable all of last year and continued to do so in the previous quarter. About 74 per cent of sellers in Queensland said they believed prices would be going up in the first half of this year. Tasmania The property market in Hobart has also been improving this year. In January, the median house price ($512, 899) went up by 0.9 per cent. Similarly, the median unit price ($398, 205) went up by 0.8 per cent. The city is now back to its former peak. Australian Capital Territory Though the increases in Canberra’s median values over January were quite small in comparison to other capital cities, the market is still back to its last peak. There was a 0.3 per cent increase in the median house price ($701, 561), and a 0.1 per cent increase in the median unit value ($441, 400). South Australia Market expectations for South Australia were rather negative in the first half of 2019. However, these significantly improved by the end of year. Western Australia The market in Perth is finally seeing positive changes. In January, the median house price ($456, 803) increased by 0.1 per cent and the median unit price ($352, 556) increased by 0.3 per cent. Unfortunately, dwelling values haven’t gone back to their last peak and are still down overall for the past year. Northern Territory The Darwin market has a similar story. There has been an overall increase of 0.1 per cent in dwelling values but prices are still well below their peak. Though there was a 0.6 per cent increase in the median house price ($469, 834), the median unit price ($275, 636) went down by 1.1 per cent. Market outlook Solid performance across the nation is a great sign that it’s a seller’s market. If you’ve been waiting for the right time to put your property on the market, this could be it. Read more:x State-by-state breakdown: Property markets improve... OpenAgent’s Consumer Sentiment Index saw an increase in price expectations at the end of 2019. This outlook suggests that prices could continue to rise.
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