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Canberra’s 10 best and worst property markets, and what's hot into 2024

Growth in Canberra’s apartment market has outpaced houses over the past year but as the best and worst lists highlight, it is a fine line between capital growth and price declines.

View along Kings Avenue towards the Australian-American Memorial in Canberra.
Capital growth: while the Canberra property market has lagged the rest of the country, investment opportunities still abound. (Image source: Shutterstock.com)

Growth in Canberra’s apartment market has outpaced houses over the past year, however, in the CBD where demand for units is typically highest, median prices have lulled.

Domain’s House Price Report June Quarter confirms Canberra apartments have been consistent performers, with the lowest increase in its top 10 growth list a 10-minute drive from the CBD in Griffith

, at 5.8 per cent, while Denman Prospect in the Molonglo Valley showed the highest …

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