As of late April 2026, the Canberra property market is characterized by and shifting buyer demand . While the rapid surges seen in previous years have slowed, the national capital remains a "safe haven" for buyers due to stable government employment and persistently low housing supply. Current Market Snapshot (April 2026)

Gross dwelling yields hold steady at 4.0% , which remains attractive compared to other major capital cities. Where to Buy: Suburb Hotspots for 2026

Currently approximately $880,000 , representing a 4.5% annual increase.

Experts and data suggest several areas for different buyer needs:

Houses increased by 0.2% in March 2026, slightly lagging behind the 0.6% gain seen in February.

Canberra's housing market has entered a slower growth phase:

Navigating the Canberra Housing Market in 2026: A Buyer’s Guide