All About Garran, Unincorporated ACT, ACT, 2605

Garran, located in the Australian Capital Territory, is a highly sought-after suburb in the Canberra metropolitan area. The housing market in Garran is characterized by its stability and consistent demand, largely due to its prime location and renowned community amenities. It is particularly appealing to families and professionals, with its proximity to the Canberra Hospital, excellent schools, and reputable childcare centers, contributing to its desirability. The suburb features a mix of architectural styles, including well-maintained older homes, modern apartments, and contemporary new builds. Over recent years, property prices in Garran have reflected the broader trends in Canberra’s real estate market, showing a gradual rise as more people seek the balance of a quiet, leafy environment with the conveniences of urban living. The strong community spirit combined with the suburb's scenic surroundings, comprising lush greenery and parks, makes Garran's real estate highly competitive.

Living in Garran offers residents a blend of tranquility and connectivity. The suburb is known for its family-friendly atmosphere, marked by safe, tree-lined streets, multiple parks, and community facilities that encourage outdoor activities and foster a close-knit neighborhood culture. The Woden Town Centre, with its shopping options, dining venues, and entertainment facilities, ensures that residents have convenient access to everyday necessities without venturing far. Public transport links are robust, providing easy access to Canberra's city center and surrounding areas. Garran cultivates a lifestyle that balances residential serenity and urban accessibility, encouraging a warm and inclusive environment. For those who enjoy recreational pursuits, nearby nature reserves and walking trails offer abundant opportunities for relaxation and adventure. The sense of community, coupled with the suburb's amenities and transport network, makes Garran an attractive place to live for those who value both peace and convenience.

Garran Real Estate Market Outlook

Thinking about buying in Garran? Now could not be a better time, with 1717 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,250,000 with prices in this suburb ranging from $226,000 to $7,351,000. The aproximate distance to the coast is 103 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 Garran 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 Garran provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Garran 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

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!