M:
Research
Spring/25 Canberra Residential
The Big Picture A recent interest rate cut is expected to support Canberra’s property market by improving borrowing conditions and encouraging buyer activity. The market eased slightly in Q2 2025, with fewer sales and longer selling times. Listings also declined, reflecting cautious seller sentiment amid tight lending conditions and expectations of further rate cuts.
Property prices showed signs of recovery in Q2 2025, with the median value reaching $902,000. While annual growth was slightly negative, improving confidence and lower interest rates are expected to support modest gains through 2026. The rental market remains tight, with vacancy at 1.1% and rents steady, with upward pressure likely in coming years.