Canberra, Australia
Property prices · 2026 · Oceania · Price +3.8% vs 2025
Property price trend in Canberra (2024–2026)
Property comparison — cities in Australia (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Canberra |
|---|---|---|---|---|
| Canberra | AUD 11,990 | AUD 7,848 | AUD 2,398 | — |
| Sydney | AUD 19,795 | AUD 12,305 | AUD 2,996 | +65.1% |
| Melbourne | AUD 15,515 | AUD 9,844 | AUD 2,354 | +29.4% |
| Gold Coast | AUD 11,118 | AUD 7,303 | AUD 2,289 | -7.3% |
| Brisbane | AUD 10,486 | AUD 6,955 | AUD 1,926 | -12.5% |
| Adelaide | AUD 9,265 | AUD 6,104 | AUD 2,071 | -22.7% |
| Perth | AUD 8,346 | AUD 5,564 | AUD 1,712 | -30.4% |
Other Oceania cities (2026)
Frequently asked questions
How much does property cost in Canberra in 2026?
In Canberra, the average price per sqm in the city centre is AUD 11,990, and AUD 7,848 outside the centre (2026 data). Prices have risen 9% since 2024.
How much is rent in Canberra in 2026?
A 1-bedroom apartment in Canberra rents for approximately AUD 2,398 per month in 2026. A 3-bedroom apartment costs around AUD 3,924/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 2026?
The average mortgage rate in Australia is approximately 5.80% as of 2026. 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 +3.8% vs 2025. 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 11,990 in 2026. Outside the centre, expect to pay around AUD 7,848/sqm.