All About Fadden, Unincorporated ACT, ACT, 2904

Fadden is a residential suburb located in the Tuggeranong district of the Australian Capital Territory (ACT), within the city limits of Canberra. The housing market in Fadden is characterized by a mix of detached houses, townhouses, and some units, offering a variety of options for families and professionals alike. Over the years, Fadden has maintained its appeal with well-established properties, often featuring larger land sizes and mature gardens, making them desirable for those seeking space and a tranquil environment. The suburb's housing market tends to reflect the broader trends seen within Canberra, with steady demand driven by its appealing location, quality of life, and proximity to natural reserves. As with much of the ACT, property prices in Fadden have experienced growth, influenced by factors such as proximity to amenities, schools, and the overall desirability of the Tuggeranong district.

Living in Fadden offers residents a sense of community and access to a range of amenities that enhance its appeal as a residential area. The suburb is nestled close to natural attractions like the Fadden Pines, which provide recreational opportunities for walking, cycling, and outdoor activities, making it ideal for families and those who enjoy an active lifestyle. Local facilities include schools, shopping centers, and healthcare services, contributing to the convenience of daily life. Fadden's peaceful nature, coupled with its green spaces and views of the Brindabella Range, adds to the quality of life experienced by its residents. The area benefits from good public transport connections to central Canberra and other parts of the city, making commuting manageable for those working in different districts of the capital. Overall, Fadden is considered a desirable suburb for those who seek a balance between suburban living and access to urban amenities.

Fadden Real Estate Market Outlook

Thinking about buying in Fadden? Now could not be a better time, with 1182 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,004,000 with prices in this suburb ranging from $89,000 to $5,953,000. The aproximate distance to the coast is 100 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 Fadden 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. The slightly lower than average earnings from occupations in Fadden 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. Lower than average population density constrains growth in Fadden to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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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Nearby Suburbs

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