All About Deakin, Unincorporated ACT, ACT, 2600

Deakin, located within the Australian Capital Territory (ACT), is a prestigious suburb characterized by its well-established community and tree-lined streets. The housing market in Deakin is known for its premium properties, often comprising elegant homes and spacious family residences. Homes in this area tend to command higher prices due to the suburb's proximity to Canberra’s city center, as well as its reputation as a quiet, desirable neighborhood. The real estate market is competitive, attracting buyers looking for a blend of suburban comfort and urban convenience. Deakin's housing landscape is bolstered by its excellent local amenities, including educational institutions, parks, and shopping facilities, contributing to the suburb's allure as a prime residential location.

Living in Deakin offers a serene yet connected lifestyle, ideal for families, professionals, and retirees alike. The suburb is home to significant landmarks and institutions, including the Royal Australian Mint and the Canberra Girls Grammar School, ensuring access to quality education and cultural experiences. With ample green spaces, such as the nearby Red Hill Nature Reserve, residents enjoy outdoor activities and a strong sense of community. Deakin’s location provides convenient access to Canberra's city center, making it easy for residents to commute for work or leisure. Moreover, the suburb fosters a vibrant community atmosphere with local cafes, boutique shops, and recreational facilities, offering a balanced blend of tranquility and engagement that enhances the quality of life for its inhabitants.

Deakin Real Estate Market Outlook

Thinking about buying in Deakin? Now could not be a better time, with 2532 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,974,000 with prices in this suburb ranging from $117,000 to $7,396,000. The aproximate distance to the coast is 105 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Deakin ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Deakin provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Deakin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Deakin we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Deakin a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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