Suburb Profile Report for Harrison ACT (2914)

Harrison House: Median price $613,750, Annual capital growth 4.00%, Number of sales 96, Weekly median advertised rent $580

Harrison Unit: Median price $358,700, Annual capital growth 1.40%, Number of sales 68, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Harrison is in the bottom 30% in ACT when comparing median price capital growth over the last year. Harrison gave property investors a disappointing capital gain figure when compared to the rest of the state, with 1.28%.

Comparing Harrison,2914 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Harrison2914 is located in ACT which offers an average discount of -4.16% to property investors. Harrison itself is showing figures that indicate -4.99% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Harrison being $613750 and the advertised rent reaching $580 the gross rental yield for property investors calculates out to be 4.91%

Harrison has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -4.73% to date .

If we look at median property appreciation over just the last three months, Harrison has given property investors a paper return of -3.03%. This puts Suburb as 53 on a list of fastest fasting appreciating suburbs in ACT

Harrison, 2914’s gross rental yield is 5.51%

YIP MAG Information supplied by:

April 2015


Cinemas, Olympic swimming pools and excellent sports fields are just some of the developing infrastructure in the up and coming suburb of Harrison.Full summary Cinemas, Olympic swimming pools and excellent sports fields are just some of the developing infrastructure in the up and coming suburb of Harrison.

While some suburbs in Canberra have been struggling due to the federal government’s cuts to the public service, Harrison has been going from strength to strength with a 12-month growth of 8%.

Situated just 2km east of the Gungahlin Town Centre, everything a couple or family could need is easily accessible.

Primary schools, shopping centres, parks, medical centres and restaurants are all within a stone’s throw of virtually anywhere in the suburb.

With the Canberra CBD only 10km away, the drive into town via the Federal Highway takes as little as 14 minutes.

The Land Development Agency has put a lot of time and effort over the last several years to Harrison and the surrounding suburbs.

This in turn is driving interest in the area. Gungahlin Town Centre is now one of Canberra’s fastest growing hubs.

Along with amenities like clubs, department stores and libraries, significant effort has been put into transport.

A network of cycle ways and pedestrian paths now criss-cross the suburb.

Together with well serviced bus routes, Harrison is well connected with the city and neighbouring suburbs.

Harrison is also a lot less expensive than nearby Nicholls ($500,000) and Forde ($522,000).

Close proximity to shopping centres and the CBD makes the area more appealing to both young or established couples.Close
$613,750 $358,700
-1.41% -3.03%
1.28% -4.73%
4.00% 1.40%
$580 $380
96 68
4.91% 5.51%
50.41 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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