Affordability ranking · ACT

The most affordable suburbs in Australian Capital Territory.

Suburbs with the lowest median house prices, great entry points into the property market. Filtered to Australian Capital Territory suburbs only.

About this ranking

'Most affordable' here means lowest median house price, the entry-level suburbs in each state. Affordability isn't the same as good value: a $400K outer-fringe suburb with stagnant population growth and weak infrastructure can be a worse buy than a $700K middle-ring suburb with structural demand. Use this list as a starting point for further research, not a final shortlist.

Australian Capital Territory property market in 2026

Canberra is unique among Australian capitals, driven by public service employment, the highest-income demographic of any capital city, and the unusual leasehold land tenure system. After a soft 2024-2025 weighed by interest rates and federal hiring slowdowns, 2026 sees the market firm again. The ACT median house price sits around $980K, and rental yields are typically lower than other capitals because owner-occupier demand dominates.

  • Buyer tip, ACT

    ACT's Home Buyer Concession Scheme (HBCS) removes stamp duty at any price from 1 July 2026, with no income test, for buyers who haven't held an interest in any property in the last five years, uniquely generous compared to threshold-based schemes elsewhere.
  • Watch out, ACT

    Land tenure in the ACT is leasehold, not freehold. The Crown Lease structure has practical implications for renovations and long-term ownership that are different to mainland states. Read the lease conditions before assuming standard freehold rules apply.
  • Methodology

    Sorted by median house price, lowest first, from $100,000. Only a median the suburb's own page publishes is ranked: NSW Valuer General sales, Land Victoria and SA Government quarterly medians, and ABS statistical-area (SA2) medians in the other states and territories, on at least five recorded sales where the count is known. An SA2 median is for the area that carries the suburb's name, which can take in surrounding localities.
  • Best for

    First home buyers prioritising entry into the property market; rentvestors looking for high-yield, lower-entry investments; buyers willing to commute further for a freestanding house.

Showing top 50 suburbs in Australian Capital Territory

Ranked from 91 suburbs in the Australian Capital Territory with a published median. Prices for the Australian Capital Territory are ABS statistical-area (SA2) medians: each is the median for the area that carries the suburb's name. An SA2 can take in surrounding localities, so a figure can differ from sales in the suburb itself.

#1Greenway

ACT 2900

Median price

$358,000

Annual growth

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#2Phillip

ACT 2606

Median price

$396,000

Annual growth

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#3Belconnen

ACT 2617

Median price

$429,000

Annual growth

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#4Lawson

ACT 2617

Median price

$429,000

Annual growth

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#5Jacka

ACT 2914

Median price

$477,000

Annual growth

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#6Barton

ACT 2600

Median price

$620,000

Annual growth

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#7Charnwood

ACT 2615

Median price

$715,000

Annual growth

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#8Scullin

ACT 2614

Median price

$787,000

Annual growth

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#9Holt

ACT 2615

Median price

$790,000

Annual growth

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#10Latham

ACT 2615

Median price

$792,000

Annual growth

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#11Banks

ACT 2906

Median price

$797,000

Annual growth

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#12Richardson

ACT 2905

Median price

$805,000

Annual growth

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#13Ngunnawal

ACT 2913

Median price

$811,100

Annual growth

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#14Isabella Plains

ACT 2905

Median price

$820,000

Annual growth

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#15Chisholm

ACT 2905

Median price

$830,000

Annual growth

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#16Dunlop

ACT 2615

Median price

$838,000

Annual growth

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#17Calwell

ACT 2905

Median price

$845,000

Annual growth

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#18Gilmore

ACT 2905

Median price

$845,000

Annual growth

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#19Higgins

ACT 2615

Median price

$850,000

Annual growth

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#20Theodore

ACT 2905

Median price

$855,000

Annual growth

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#21Page

ACT 2614

Median price

$857,000

Annual growth

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#22Kambah

ACT 2902

Median price

$860,000

Annual growth

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#23Wanniassa

ACT 2903

Median price

$880,000

Annual growth

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#24Bonner

ACT 2914

Median price

$890,000

Annual growth

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#25Casey

ACT 2913

Median price

$890,000

Annual growth

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#26Monash

ACT 2904

Median price

$895,500

Annual growth

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#27Strathnairn

ACT 2615

Median price

$905,000

Annual growth

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#28Rivett

ACT 2611

Median price

$910,000

Annual growth

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#29Evatt

ACT 2617

Median price

$911,000

Annual growth

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#30Giralang

ACT 2617

Median price

$911,000

Annual growth

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#31Conder

ACT 2906

Median price

$917,000

Annual growth

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#32Bonython

ACT 2905

Median price

$922,000

Annual growth

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#33Fisher

ACT 2611

Median price

$925,000

Annual growth

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#34Melba

ACT 2615

Median price

$928,000

Annual growth

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#35Waramanga

ACT 2611

Median price

$930,000

Annual growth

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#36Macarthur

ACT 2904

Median price

$940,000

Annual growth

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#37Spence

ACT 2615

Median price

$941,000

Annual growth

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#38Macquarie

ACT 2614

Median price

$950,000

Annual growth

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#39Florey

ACT 2615

Median price

$957,000

Annual growth

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#40Fraser

ACT 2615

Median price

$960,000

Annual growth

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#41Weston

ACT 2611

Median price

$966,000

Annual growth

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#42Duffy

ACT 2611

Median price

$967,500

Annual growth

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#43Holder

ACT 2611

Median price

$975,000

Annual growth

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#44Franklin

ACT 2913

Median price

$985,000

Annual growth

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#45Coombs

ACT 2611

Median price

$990,000

Annual growth

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#46Gungahlin

ACT 2912

Median price

$996,000

Annual growth

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#47Kaleen

ACT 2617

Median price

$1,003,250

Annual growth

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#48Moncrieff

ACT 2914

Median price

$1,004,000

Annual growth

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#49Amaroo

ACT 2914

Median price

$1,015,000

Annual growth

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#50Chifley

ACT 2606

Median price

$1,025,000

Annual growth

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Common questions

About this ranking

Are the cheapest suburbs always the worst suburbs?

No. Affordability often reflects distance from CBD, sparse public transport, or limited amenity rather than 'bad' attributes. Plenty of affordable suburbs are growing strongly because the local economy and demographics are improving. Always look at population trend, infrastructure pipeline, and rental vacancy alongside price.

Should I buy the cheapest house I can or save for longer?

Depends on your timeline. If you'll hold for 10+ years, time-in-market usually beats waiting for a bigger deposit on a 'better' suburb. If you'll move within 3-5 years, transaction costs (stamp duty + agent fees) on the entry purchase can wipe out modest growth.

What about regional vs outer-metro for affordability?

Outer-metro typically holds value better because it's still tied to the capital city economy. Regional towns can offer better entry pricing but add commute risk if you need to fall back on metro employment. Strong regional centres (Newcastle, Geelong, Toowoomba) split the difference well.

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