Affordability ranking · Greater Canberra
By published median house price, the ten cheapest Greater Canberra suburbs are Greenway, Phillip, Belconnen, Lawson, Barton, Charnwood, Scullin, Holt, Latham and Banks.
Updated 1 October 2026. Medians for 2024. Ranked from 88 Greater Canberra suburbs.
The ten, in order
Greenway (2900) is about 16 km from the Canberra CBD. The median house price is $358,000 (the ABS statistical-area median for the area that carries its name), the lowest published median in Greater Canberra. Walk score 100 out of 100. 4,129 people lived there at the 2021 Census, and families with dependants are 53% of households.
Phillip (2606) is about 9 km from the Canberra CBD. The median house price is $396,000 (the ABS statistical-area median for the area that carries its name), the 2nd lowest published median in Greater Canberra. Walk score 100 out of 100. 5,197 people lived there at the 2021 Census, and families with dependants are 50% of households.
Belconnen (2617) is about 7 km from the Canberra CBD. The median house price is $429,000 (the ABS statistical-area median for the area that carries its name), the 3rd lowest published median in Greater Canberra. Walk score 2 out of 100. 8,502 people lived there at the 2021 Census, and families with dependants are 51% of households.
Lawson (2617) is about 7 km from the Canberra CBD. The median house price is $429,000 (the ABS statistical-area median for the area that carries its name), the 4th lowest published median in Greater Canberra. 2,739 people lived there at the 2021 Census, and families with dependants are 62% of households.
Barton (2600) is about 3 km from the Canberra CBD. The median house price is $620,000 (the ABS statistical-area median for the area that carries its name), the 5th lowest published median in Greater Canberra. Walk score 48 out of 100. 1,946 people lived there at the 2021 Census, and families with dependants are 48% of households.
Charnwood (2615) is about 12 km from the Canberra CBD. The median house price is $715,000 (the ABS statistical-area median for the area that carries its name), the 6th lowest published median in Greater Canberra. Walk score 44 out of 100. 3,055 people lived there at the 2021 Census, and families with dependants are 69% of households.
Scullin (2614) is about 10 km from the Canberra CBD. The median house price is $787,000 (the ABS statistical-area median for the area that carries its name), the 7th lowest published median in Greater Canberra. Walk score 10 out of 100. 3,069 people lived there at the 2021 Census, and families with dependants are 69% of households.
Holt (2615) is about 12 km from the Canberra CBD. The median house price is $790,000 (the ABS statistical-area median for the area that carries its name), the 8th lowest published median in Greater Canberra. Walk score 64 out of 100. 5,628 people lived there at the 2021 Census, and families with dependants are 65% of households.
Latham (2615) is about 11 km from the Canberra CBD. The median house price is $792,000 (the ABS statistical-area median for the area that carries its name), the 9th lowest published median in Greater Canberra. Walk score 6 out of 100. 3,767 people lived there at the 2021 Census, and families with dependants are 73% of households.
Banks (2906) is about 22 km from the Canberra CBD. The median house price is $797,000 (the ABS statistical-area median for the area that carries its name), the 10th lowest published median in Greater Canberra. Walk score 6 out of 100. 5,100 people lived there at the 2021 Census, and families with dependants are 79% of households.
| # | Suburb | Median house price | Km to CBD | Profile |
|---|---|---|---|---|
| 1 | Greenway 2900 | $358,000 area | 16 | View profile → |
| 2 | Phillip 2606 | $396,000 area | 9 | View profile → |
| 3 | Belconnen 2617 | $429,000 area | 7 | View profile → |
| 4 | Lawson 2617 | $429,000 area | 7 | View profile → |
| 5 | Barton 2600 | $620,000 area | 3 | View profile → |
| 6 | Charnwood 2615 | $715,000 area | 12 | View profile → |
| 7 | Scullin 2614 | $787,000 area | 10 | View profile → |
| 8 | Holt 2615 | $790,000 area | 12 | View profile → |
| 9 | Latham 2615 | $792,000 area | 11 | View profile → |
| 10 | Banks 2906 | $797,000 area | 22 | View profile → |
A dash means the suburb’s own page publishes no figure. “Area” marks an ABS statistical-area median.
Ranks 11 to 15 on the same rule, for a shortlist that runs past the ten.
Common questions
By published median house price, the cheapest Greater Canberra suburbs of 1,000 or more residents are Greenway ($358,000), Phillip ($396,000) and Belconnen ($429,000). 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. A suburb is listed only when its own page publishes the median, and the ranking is drawn from 88 suburbs with one.
Of the 15 Greater Canberra suburbs at the top of this ranking, four have a published median house price under $500,000: Greenway ($358,000), Phillip ($396,000), Belconnen ($429,000) and Lawson ($429,000). 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. A median is the middle sale, so half of a suburb's houses sold for less than it.
These ABS medians come without a 12-month change, so none is printed or ranked here. 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. So this page cannot say whether the cheapest suburbs rose or fell over the last year; it ranks them on the level of the median alone. The suburb pages keep each median as it is republished, which is the honest way to follow a cheap suburb's price over time.
We do not predict which suburbs will boom, and we hold no growth figure to rank Canberra suburbs on: the medians we publish for the ACT are ABS statistical-area (SA2) medians for 2024, and they come without a 12-month change. A figure beside a suburb here is a median, a rent, a yield, a walk score or a school ICSEA, each measured and sourced, never a forecast. Each suburb's own page shows its published median and says where it comes from.
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