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) offers a full stamp duty waiver for eligible first home buyers and downsizers regardless of property price, 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 ascending, with a $100K minimum to exclude very small localities and data anomalies. State Valuer-General data, refreshed quarterly.

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.

By stateAll Australia NSW VIC QLD WA SA TAS NT ACT

Showing top 50 suburbs in Australian Capital Territory

#	Suburb	State	Median price	Annual growth	Profile
1	Tuggeranong 2900	ACT	$358,000	–	View profile →
2	Greenway 2900	ACT	$358,000	–	View profile →
3	Wreck Bay 2540	ACT	$381,000	–	View profile →
4	Jervis Bay 2540	ACT	$381,000	–	View profile →
5	Hmas Creswell 2540	ACT	$381,000	–	View profile →
6	Phillip Dc 2606	ACT	$396,000	–	View profile →
7	O’malley 2606	ACT	$396,000	–	View profile →
8	Swinger Hill 2606	ACT	$396,000	–	View profile →
9	Woden 2606	ACT	$396,000	–	View profile →
10	Lyons 2606	ACT	$396,000	–	View profile →
11	Phillip 2606	ACT	$396,000	–	View profile →
12	Lawson 2617	ACT	$429,000	–	View profile →
13	Acton 2601	ACT	$429,000	–	View profile →
14	Belconnen Dc 2617	ACT	$429,000	–	View profile →
15	Canberra 2601	ACT	$429,000	–	View profile →
16	City 2601	ACT	$429,000	–	View profile →
17	Belconnen 2617	ACT	$429,000	–	View profile →
18	Black Mountain 2601	ACT	$429,000	–	View profile →
19	University Of Canberra 2617	ACT	$429,000	–	View profile →
20	Ginninderra Village 2913	ACT	$440,000	–	View profile →
21	Kambah Village 2902	ACT	$440,000	–	View profile →
22	Kippax Centre 2615	ACT	$440,000	–	View profile →
23	Macnamara 2615	ACT	$440,000	–	View profile →
24	Kippax 2615	ACT	$440,000	–	View profile →
25	Gordon 2906	ACT	$440,000	–	View profile →
26	Macgregor 2615	ACT	$440,000	–	View profile →
27	Flynn 2615	ACT	$440,000	–	View profile →
28	Oxley 2903	ACT	$462,000	–	View profile →
29	Jamison Centre 2614	ACT	$462,000	–	View profile →
30	Erindale Centre 2903	ACT	$462,000	–	View profile →
31	Kingston 2604	ACT	$473,000	–	View profile →
32	Causeway 2604	ACT	$473,000	–	View profile →
33	Jacka 2914	ACT	$477,000	–	View profile →
34	O’connor 2602	ACT	$477,000	–	View profile →
35	Gowrie 2904	ACT	$477,000	–	View profile →
36	Kenny 2911	ACT	$528,000	–	View profile →
37	Mitchell 2911	ACT	$528,000	–	View profile →
38	Griffith 2603	ACT	$550,000	–	View profile →
39	Manuka 2603	ACT	$550,000	–	View profile →
40	Red Hill 2603	ACT	$550,000	–	View profile →
41	Canberra Airport 2609	ACT	$616,000	–	View profile →
42	Majura 2609	ACT	$616,000	–	View profile →
43	Symonston 2609	ACT	$616,000	–	View profile →
44	Pialligo 2609	ACT	$616,000	–	View profile →
45	Canberra International Airport 2609	ACT	$616,000	–	View profile →
46	Fyshwick 2609	ACT	$616,000	–	View profile →
47	Canberra 2600	ACT	$620,000	–	View profile →
48	Hmas Harman 2600	ACT	$620,000	–	View profile →
49	Deakin West 2600	ACT	$620,000	–	View profile →
50	Barton 2600	ACT	$620,000	–	View profile →

#1Tuggeranong

ACT 2900

Median price

$358,000

Annual growth

–

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#2Greenway

ACT 2900

Median price

$358,000

Annual growth

–

View profile →

#3Wreck Bay

ACT 2540

Median price

$381,000

Annual growth

–

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#4Jervis Bay

ACT 2540

Median price

$381,000

Annual growth

–

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#5Hmas Creswell

ACT 2540

Median price

$381,000

Annual growth

–

View profile →

#6Phillip Dc

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#7O’malley

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#8Swinger Hill

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#9Woden

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#10Lyons

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#11Phillip

ACT 2606

Median price

$396,000

Annual growth

–

View profile →

#12Lawson

ACT 2617

Median price

$429,000

Annual growth

–

View profile →

#13Acton

ACT 2601

Median price

$429,000

Annual growth

–

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#14Belconnen Dc

ACT 2617

Median price

$429,000

Annual growth

–

View profile →

#15Canberra

ACT 2601

Median price

$429,000

Annual growth

–

View profile →

#16City

ACT 2601

Median price

$429,000

Annual growth

–

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#17Belconnen

ACT 2617

Median price

$429,000

Annual growth

–

View profile →

#18Black Mountain

ACT 2601

Median price

$429,000

Annual growth

–

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#19University Of Canberra

ACT 2617

Median price

$429,000

Annual growth

–

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#20Ginninderra Village

ACT 2913

Median price

$440,000

Annual growth

–

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#21Kambah Village

ACT 2902

Median price

$440,000

Annual growth

–

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#22Kippax Centre

ACT 2615

Median price

$440,000

Annual growth

–

View profile →

#23Macnamara

ACT 2615

Median price

$440,000

Annual growth

–

View profile →

#24Kippax

ACT 2615

Median price

$440,000

Annual growth

–

View profile →

#25Gordon

ACT 2906

Median price

$440,000

Annual growth

–

View profile →

#26Macgregor

ACT 2615

Median price

$440,000

Annual growth

–

View profile →

#27Flynn

ACT 2615

Median price

$440,000

Annual growth

–

View profile →

#28Oxley

ACT 2903

Median price

$462,000

Annual growth

–

View profile →

#29Jamison Centre

ACT 2614

Median price

$462,000

Annual growth

–

View profile →

#30Erindale Centre

ACT 2903

Median price

$462,000

Annual growth

–

View profile →

#31Kingston

ACT 2604

Median price

$473,000

Annual growth

–

View profile →

#32Causeway

ACT 2604

Median price

$473,000

Annual growth

–

View profile →

#33Jacka

ACT 2914

Median price

$477,000

Annual growth

–

View profile →

#34O’connor

ACT 2602

Median price

$477,000

Annual growth

–

View profile →

#35Gowrie

ACT 2904

Median price

$477,000

Annual growth

–

View profile →

#36Kenny

ACT 2911

Median price

$528,000

Annual growth

–

View profile →

#37Mitchell

ACT 2911

Median price

$528,000

Annual growth

–

View profile →

#38Griffith

ACT 2603

Median price

$550,000

Annual growth

–

View profile →

#39Manuka

ACT 2603

Median price

$550,000

Annual growth

–

View profile →

#40Red Hill

ACT 2603

Median price

$550,000

Annual growth

–

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#41Canberra Airport

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#42Majura

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#43Symonston

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#44Pialligo

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#45Canberra International Airport

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#46Fyshwick

ACT 2609

Median price

$616,000

Annual growth

–

View profile →

#47Canberra

ACT 2600

Median price

$620,000

Annual growth

–

View profile →

#48Hmas Harman

ACT 2600

Median price

$620,000

Annual growth

–

View profile →

#49Deakin West

ACT 2600

Median price

$620,000

Annual growth

–

View profile →

#50Barton

ACT 2600

Median price

$620,000

Annual growth

–

View profile →

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.

Other rankings

Best Suburbs for Families Highest Growth Suburbs Most Walkable Suburbs Lowest Flood Risk Suburbs Best Rental Yield Suburbs

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