All About Downer, Unincorporated ACT, ACT, 2602

Downer, located in the inner north of Canberra, ACT, is a charming suburb known for its leafy streets and a strong sense of community. The housing market in Downer is characterized by its variety of post-war homes, many of which have been renovated to cater to modern tastes while preserving their historical charm. In recent years, the demand for property in Downer has increased significantly, partly due to its proximity to Canberra’s city center and the Australian National University. This demand has contributed to rising property values, making Downer a desirable location for both families and professionals. The suburb's development has also seen an increase in units and townhouses, providing more options for those looking to enter the market. However, due to its popularity, new listings in Downer can be competitive, often attracting multiple offers.

Living in Downer offers residents a balanced lifestyle, blending urban convenience with a peaceful suburban ambiance. The suburb boasts an array of amenities, including local shops, cafes, and parks, such as the spacious Downer Oval, which is popular for sports and community events. The local community hall fosters a sense of togetherness, often hosting yoga classes, markets, and workshops. Downer is renowned for its accessible public transport, with convenient bus routes connecting it to the broader Canberra area, making the daily commute easy and efficient. For families, the suburb offers several reputable schools nearby, enhancing its appeal to those with children. The strong community spirit, combined with its greenery and accessibility, makes Downer a sought-after place to live for those looking for a tranquil yet connected neighborhood.

Downer Real Estate Market Outlook

Thinking about buying in Downer? Now could not be a better time, with 2052 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,082,000 with prices in this suburb ranging from $90,000 to $8,262,000. The aproximate distance to the coast is 106 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. Incomes in Downer are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Downer changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Downer necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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