Median house price: $870,000
YoY change: 31.8%
Median unit price: $585,000
YoY change: 15.8%
Clearance rate: 88%
Source: Australian Bureau of Statistics & Domain Group
Tuggeranong is Canberra’s southernmost district and the largest region in the capital, and, as one can imagine, it has a lot to offer.
It’s any nature lover’s oasis. Highlights include the valleys, ridges and hills of the adjoining Namadgi National Park, the Brindabella Ranges which provide a stunning mountain backdrop, and Lake Tuggeranong.
Before it was gazetted in 1966, cave paintings and Indigenous artifacts were discovered in the area that confirmed the original occupants, the Ngunnawal people, had inhabited the land for more than 21,000 years.
Today, more than 85,000 Canberrans call the district home.
It’s a region where you get more bang for your buck,” said Jacob Stanton of The Property Collective.
“The blocks on offer are much larger than what you can get in other regions and at an affordable price bracket in comparison to other areas.”
There is always plenty to do in Tuggeranong. South.Point Tuggeranong houses Limelight Cinema with a ten-pin bowling venue just down the road. And in summer, Pine Island and Point Hut Pond are popular destinations to cool down in.
A lot of families call Tuggeranong home. You’re not only spoilt with mountainous views, nature and activities but accessible roads make it convenient and easy to head to any part of Canberra,” Mr Stanton said.
Median sale prices in Tuggeranong*
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*Suburbs with at least 50 sales in the 12 months to December, 2021.