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Kambah, ACT 2902 Review
Simon
Sam2019
Kambah
When it comes to moving house, it appears that homeowners and renters alike are drawn to neighbouring suburbs – and in Canberra, staying within the same district.
Data from Australia Post reveals the moving habits of residents in our capital cities – based on those who used the mail redirection service between March 2013 and December 2019 – and there’s a distinct pattern.
In Canberra, Kambah was the suburb with the most number of movers across the period, with the majority coming from nearby Wannaissa (241), followed by Gordon (136) and Monash (119). All of these suburbs are within the Tuggeranong district and typically represent movements of upsizers, downsizers or buyers seeking more bang for their buck, around their existing communities.
Kambah’s median sale price is $590,000, compared to $500,229 in Gordon, where buyers would likely be upgrading from; and Monash’s $625,000, which could indicate a move to save on money or finding to a similarly priced home with more space or features.
Wannaissa’s median price of $588,750 makes it more of a neutral move.
Renters moving to Kambah would be paying $500 per week, as well as Monash, compared to $510 in Wannaissa and $470 in Gordon. Canberra’s top five most moved-to suburbs
1. Kambah (from Wannaissa, Gordon and Monash)2. Ngunnawal (from Gungahlin, Bonner and Amaroo)3. Harrison (from Franklin, Gunghalin and Bonner)4. Casey (from Ngunnawal, Nicholls and Gungahlin)5. Kingston (from Griffith, Barton and Narrabundah) Details inside:x
Which Canberra suburbs do people move to the most?...
Data from Australia Post shows where homeowners and renters move to most in Canberra, and which suburbs they’re coming from. Here’s the top five.
www.realestate.com.au
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1Mo ago
Ronie
Kambah
Australia Post data reveals which suburbs people are moving to when they move out – and it appears we aren’t going far at all, with most people simply moving to a neighbouring suburb.
“Overall, it shows us that we like to stick to where we know,” says realestate.com.au’s Chief Economist, Nerida Conisbee.
There’s a multitude of reasons why we move out and move on. It could be time to upsize or downsize. It could be financial, or you may simply want a tree change.
Not only are people moving close by, but the data shows they also often moved to high development areas where buyers and renters have the chance to live in a new home in an up-and-coming suburb. So, looking across the country, what are the most popular suburbs in each state to move to and where are they coming from?
Kambah, ACTKellyville, NSWDarwin City, NTBuderim, QLDMorphett Vale, SAKingston, TASMelbourne, VIC Read more:x
Where are Aussies moving to when they move out?
Australia Post data reveals what suburbs people are moving to when they move out, and it appears we aren't going far at all.
www.realestate.com.au
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42 Views
1Mo ago
Anuj
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