Charnwood, 2615 ranked 33th in ACT when comparing growth in median property values or capital gain over the last 12 months. Charnwood is one of 126 in our list for ACT
Across a shorter period, Charnwood, 2615 has seen a median price increase of 5.81% over the last quarter.
Property buyers and investors in Charnwood 2615 should be seeing an average reduction in asking price of around -3.77% . This means that Charnwood is holding prices well when compared to other suburbs in ACT.
At number 351 in a list of fastest selling suburbs, Charnwood is in the TOP 10% of suburbs in Australia with an average of days on market 39.95 for properties listed there.
No longer a fringe suburb of Canberra, Charnwood is emerging as a cheap and popular alternative to nearby Dunlop, where properties often sell for more than $100,000 higher. Full summary
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No longer a fringe suburb of Canberra, Charnwood is emerging as a cheap and popular alternative to nearby Dunlop, where properties often sell for more than $100,000 higher. The area’s relative affordability could spur buyers to the area, driving up prices. It offers much of what Dunlop offers too: large block sizes, set upon hilly streets with great views of Canberra.
“Charnwood’s infrastructure is good,” says Dennis Vlandis of LJ Hooker-Belconnen. “It is a short drive to Belconnen centre and many of the federal government offices. The housing there appeals to a broad range of people, and is especially popular with young families.”
Best street(s): The most expensive homes are found around Arrietta Cl and Barns Place while Bloxham St and Weaver Pl boast some of the cheapest in the suburb.