The top 10 performers of the year in Canberra recorded double-digit median home price growth – and six suburbs in the list are in the Belconnen and Weston Creek districts.
Spence's price growth exceeded that of its list, up 15% to $ 620,000. Another suburb of Belconnen, Latham, came in second. The region posted a 14% increase to $ 587,500 in median values. Macgregor, meanwhile, was in ninth place with a 5% price increase to $ 540,000.
At Weston Creek, Duffy ranked third with a 13% increase over the previous year, reaching a median selling price of $ 732,000. Chapman took fourth place, up 13% to $ 907,500. The holder is ranked seventh, registering a growth of 12% to reach $ 671,000.
Yarralumla, which was the only suburb of the city center on the list, was in sixth place. Values ​​in the region increased by 12% to reach a median selling price of $ 1.57 million. Located 3.5 km from the CBD, Yarralumla is one of Canberra's most prestigious neighborhoods, according to realestate.com.au.
Southern suburbs of Calwell (5th) and Richardson (8th) in Tuggeranong; and Farrer (10th) in Woden completed the list.
Many fast-growing regions offer housing options that will appeal to families, first-time homebuyers and investors – especially old-style homes on large blocks of three or four bedrooms .
Weston Creek, located about 13 km southwest of the CBD, also attracts shoppers looking for more space for their money.
"The median price of housing in Canberra, estimated at $ 670,000, is close to or near it, but it seems that affordability and growth potential lead to higher values", Realestate.com.au. said.
Top suburbs:
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Westmead
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Cardiff South
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Newcastle
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Harris Park
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