Year: 2026 2025 2024
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Canberra, Australia

Property prices · 2025 · Oceania · Price +5% vs 2024

Price/sqm — City Centre AUD 11,550
Price/sqm — Outside Centre AUD 7,560
1-Bed Rent / Month AUD 2,310
3-Bed Rent / Month AUD 3,780
Avg Mortgage Rate 5.80%
Price-to-Rent Ratio 24.0x Renting is generally more cost-effective

Property price trend in Canberra (2024–2026)

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Property comparison — cities in Australia (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Canberra
Canberra AUD 11,550 AUD 7,560 AUD 2,310
Sydney AUD 19,240 AUD 11,960 AUD 2,912 +66.6%
Melbourne AUD 15,080 AUD 9,568 AUD 2,288 +30.6%
Gold Coast AUD 10,710 AUD 7,035 AUD 2,205 -7.3%
Brisbane AUD 10,192 AUD 6,760 AUD 1,872 -11.8%
Adelaide AUD 8,925 AUD 5,880 AUD 1,995 -22.7%
Perth AUD 8,112 AUD 5,408 AUD 1,664 -29.8%

Other Oceania cities (2025)

Frequently asked questions

How much does property cost in Canberra in 2025?

In Canberra, the average price per sqm in the city centre is AUD 11,550, and AUD 7,560 outside the centre (2025 data). Prices have risen 9% since 2024.

How much is rent in Canberra in 2025?

A 1-bedroom apartment in Canberra rents for approximately AUD 2,310 per month in 2025. A 3-bedroom apartment costs around AUD 3,780/month.

Is it better to buy or rent in Canberra?

Renting is generally more cost-effective in Canberra. The price-to-rent ratio is 24.0x — it would take approximately 24.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.80%.

What are mortgage rates in Australia in 2025?

The average mortgage rate in Australia is approximately 5.80% as of 2025. With a price-to-rent ratio of 24.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Canberra changed?

Property prices in Canberra have changed +5% vs 2024. Since 2024, prices have increased by 9%. Use the year tabs above to compare prices across years.

What is the price per sqm in Canberra?

The average property price per square metre in Canberra city centre is AUD 11,550 in 2025. Outside the centre, expect to pay around AUD 7,560/sqm.

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