Molonglo Valley shines with a steady 11.8% rise in house prices

The Molonglo Valley has emerged as a standout performer in the capital’s real estate landscape, recording robust house price growth throughout 2025.

Propelled largely by a surge in first-home buyer demand, the region’s median house price jumped by 11.8 per cent over the year to reach $1.065 million, according to the Domain House Price Report for the December 2025 quarter.

Agent Josh Wilson from Momentum Property said changes to the first-home buyer grant had brought more purchasers into the Molonglo Valley region, particularly in the $750,000 to $1 million price range.

“Inspection numbers and price growth from October last year through to February reached levels not seen in two and a half years,” Wilson said, noting conditions had softened slightly over the past month.

$1,299,000+

42 Kondelea Way, Denman Prospect ACT 2611

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Domain data reveals Denman Prospect was one of the stronger performers in the Molonglo region, with the suburb’s median house price climbing 7.4 per cent to $1.095 million over the year.

This annual gain contributes to a substantial 27.3 per cent increase over five years, underscoring the area’s sustained long-term appeal.

Overall, Canberra house prices rose 3.6 per cent (or $39,309) over the December quarter to a median of $1.14 million, which was the highest level recorded since the 2022 peak.

This quarterly growth accelerated to its fastest pace in over two years, ultimately lifting the annual growth rate to 6.1 per cent (or $65,147), the strongest result the capital has seen in three and a half years.

$450,000+

318/17 Summerfield Close, Denman Prospect ACT 2611

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In contrast, Canberra’s unit market remains under pressure. Unit prices fell 1.3 per cent (or $8189) over the December quarter to $611,466, making Canberra the only capital city to record a decline.

Annually, the unit market recorded its weakest outcome in 15 months, with a 1.4 per cent decline.

This territory-wide softening was reflected at the suburban level as well, with Denman Prospect’s unit median slipping by 0.9 per cent annually to drop to $580,000.