Get all the data you need about the real estate market in Canberra
We update this article regularly so the data you see here always reflects the latest available figures for the Canberra townhouse market.
This article covers townhouse purchase prices across Canberra neighborhoods in 2026, so you can quickly understand what things cost and where.
All figures are in Australian dollars and are built for a first-time or non-professional buyer, not for property industry insiders.
And if you are planning to buy a property in Canberra, you may want to download https://bambooroutes.com/pages/australia-real-estate.
A quick summary table
| Metric | Value |
|---|---|
| Most expensive Canberra neighborhood for townhouses | Red Hill |
| Most affordable Canberra neighborhood for townhouses | Lawson |
| Average price per square meter across Canberra neighborhoods | AUD 7,500 |
| Median townhouse price across Canberra | AUD 1,060,000 |
| Lowest realistic starting budget for a Canberra townhouse | AUD 499,000 |
| Most expensive townhouse type in Canberra (by bedroom count) | Four-bedroom townhouse |
| Most affordable townhouse type in Canberra (by bedroom count) | Two-bedroom townhouse |
| Average price for a two-bedroom townhouse in Canberra | AUD 889,000 |
| Average price for a three-bedroom townhouse in Canberra | AUD 1,066,000 |
| Average price for a four-bedroom townhouse in Canberra | AUD 1,338,000 |
| Price gap between the most expensive and least expensive Canberra neighborhood | AUD 1,025,000 (Red Hill vs Lawson median) |
| Price spread across Canberra townhouse neighborhoods | From AUD 695,000 (Lawson) to AUD 1,720,000 (Red Hill) median |
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Canberra neighborhoods in 2026 ranked by townhouse purchase price
This table ranks the top neighborhoods in the Canberra townhouse market by purchase price, from the most expensive to the most affordable.
For each neighborhood, the table includes the average price per square meter, the median property price, the starting budget, the average price for a two-bedroom, three-bedroom, and four-bedroom townhouse, the typical buyer profile, the key advantages, the key drawbacks, and the market segment.
Finally, please note you will find much more detailed data in https://bambooroutes.com/pages/australia-real-estate.
| Rank | Neighborhood | Average Price per Square Meter | Median Property Price | Starting Budget | Average Price for a Two-Bedroom Townhouse | Average Price for a Three-Bedroom Townhouse | Average Price for a Four-Bedroom Townhouse | Typical Buyers | Key Pros | Key Cons | Market Segment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Red Hill | AUD 9,700 | AUD 1,720,000 | AUD 1,550,000 | AUD 1,380,000 | AUD 1,680,000 | AUD 2,050,000 | Affluent downsizers looking for prestige and convenience | Blue-chip inner south location, easy access to Manuka, very limited townhouse supply, and a strong prestige reputation | Very low stock levels, high entry price, and little flexibility for first-home buyers | Luxury |
| 2 | Deakin | AUD 9,200 | AUD 1,690,000 | AUD 1,500,000 | AUD 1,300,000 | AUD 1,650,000 | AUD 2,050,000 | Executive households prioritizing prestige and quiet living | Embassy-adjacent address, leafy and quiet streets, excellent nearby schools, and strong long-term resale value | Expensive stock, thin townhouse supply, and strong competition for quality new builds | Luxury |
| 3 | Yarralumla | AUD 8,900 | AUD 1,460,000 | AUD 890,000 | AUD 1,050,000 | AUD 1,420,000 | AUD 1,950,000 | Affluent professional couples seeking a lakeside lifestyle | Lakeside prestige, mature tree-lined streets, close to Deakin and Civic, and a strong lifestyle appeal | Very limited townhouse choice, prestige premiums on most stock, and tightly held properties | Luxury |
| 4 | Kingston | AUD 8,300 | AUD 1,350,000 | AUD 790,000 | AUD 900,000 | AUD 1,280,000 | AUD 1,620,000 | Lifestyle-driven professionals wanting walkability and amenity | Walkable village atmosphere, great dining and foreshore access, and strong appeal for townhouse living | Parking can be tight, some noise pockets near commercial areas, and premium pricing close to the foreshore | Premium |
| 5 | Campbell | AUD 8,100 | AUD 1,290,000 | AUD 795,000 | AUD 830,000 | AUD 1,220,000 | AUD 1,700,000 | Space-seeking professionals working near Russell or the CBD | Very close to Russell and Canberra CBD, newer precincts available, and strong owner-occupier demand | Small supply base and pricing varies sharply between older and newer townhouse pockets | Premium |
| 6 | Griffith | AUD 7,900 | AUD 1,240,000 | AUD 980,000 | AUD 980,000 | AUD 1,190,000 | AUD 1,520,000 | Established family buyers who value the inner south location | Classic inner south setting, close to Manuka and good schools, and solid long-term owner-occupier demand | Stock is scarce, many options are boutique, and prices carry a premium over outer suburbs | Premium |
| 7 | Narrabundah | AUD 7,100 | AUD 935,000 | AUD 729,000 | AUD 820,000 | AUD 990,000 | AUD 1,380,000 | Upgrading local households wanting inner south access at a lower price | Inner south proximity at a more accessible price than Deakin or Red Hill | Street quality varies across the suburb and some older townhouse complexes age unevenly | Mid-Market |
| 8 | Phillip | AUD 6,900 | AUD 890,000 | AUD 760,000 | AUD 790,000 | AUD 890,000 | AUD 1,080,000 | Practical family upgraders who need good services and transport | Woden employment hub nearby, easy access to services, strong transport links, and more choice than prestige suburbs | Less prestigious feel, mixed streetscape, and some stock competes with nearby apartment supply | Mid-Market |
| 9 | Crace | AUD 6,500 | AUD 860,000 | AUD 760,000 | AUD 760,000 | AUD 865,000 | AUD 1,020,000 | Young families looking for modern, well-kept suburban living | Modern suburb with neat streets, popular with young families, and efficient newer townhouse stock | Can feel less central, offers limited scarcity premium, and fewer inner-city lifestyle cues | Mid-Market |
| 10 | Casey | AUD 6,300 | AUD 780,000 | AUD 599,000 | AUD 620,000 | AUD 735,000 | AUD 885,000 | Value-focused families who want practical layouts and easier entry budgets | Good access to Gungahlin, practical family townhouse layouts, and lower entry budgets than inner suburbs | More car-dependent, fewer inner-city amenities, and a lower price ceiling than central Canberra | Affordable |
| 11 | Coombs | AUD 6,200 | AUD 775,000 | AUD 633,000 | AUD 635,000 | AUD 775,000 | AUD 955,000 | Space-seeking couples drawn to the Molonglo growth corridor | Newer townhouse supply, growing Molonglo corridor, and generally modern layouts with better energy ratings | Area still being built out, less established retail feel, and values can be sensitive to developer activity | Affordable |
| 12 | Lawson | AUD 6,100 | AUD 695,000 | AUD 499,000 | AUD 595,000 | AUD 705,000 | AUD 860,000 | First-home buyers looking for a clear and manageable entry point | One of Canberra's most accessible townhouse entry points with modern, low-maintenance stock | Less prestige, some repetitive project-style stock, and steadier rather than fast-climbing resale upside | Budget |
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Key insights about townhouse purchase prices in Canberra
Insights
- Red Hill and Deakin are the most expensive Canberra suburbs for townhouses in 2026, with median prices above AUD 1,680,000, yet townhouse stock in both suburbs is among the thinnest in the city, which means buyers face real scarcity pressure on top of high price tags.
- The price gap between Canberra's most expensive townhouse neighborhood (Red Hill at AUD 1,720,000 median) and its most affordable (Lawson at AUD 695,000 median) is over AUD 1,000,000, meaning location alone can double or even triple your purchase cost.
- Narrabundah is Canberra's clearest inner-south value play for townhouse buyers in 2026: it sits within reach of Griffith and Kingston pricing but comes in roughly AUD 300,000 to AUD 400,000 cheaper at the median level.
- Kingston and Campbell both charge a lifestyle premium in 2026, meaning buyers pay not just for space but for walkability, foreshore access, and proximity to Canberra's employment and dining hubs.
- Lawson offers the lowest realistic starting budget for a Canberra townhouse in 2026 at around AUD 499,000, making it one of the few suburbs where a first-home buyer can enter the townhouse market without a very large deposit.
- Crace costs noticeably more than Casey in 2026, which shows that Canberra buyers consistently pay a premium for newer, more polished suburban streetscapes, even when the two suburbs are broadly comparable in terms of distance from the city.
- In Canberra's prestige inner south suburbs, the gap between a two-bedroom and a four-bedroom townhouse can reach AUD 670,000 or more within the same neighborhood, because large-format townhouses are rare and competition for them is strong.
- The widest range of townhouse choice in Canberra in 2026 is found in Coombs, Lawson, Phillip, and Casey, giving buyers in those suburbs the best chance of finding stock that fits their budget and layout needs.
- Phillip gives Canberra buyers a central location with good services and transport at a median price around AUD 890,000, which is roughly AUD 400,000 below Kingston and AUD 300,000 below Griffith.
- ACT government policy actively encourages new townhouse supply in 2026 through missing-middle reforms and stamp duty relief on eligible new builds, which helps keep demand firm at the more affordable end of the Canberra market.
- Canberra townhouse buyers consistently pay more for walkability than for land area, which is why inner-south suburbs with small lot sizes can command prices well above outer suburbs with larger footprints.
- Coombs and Casey represent Canberra's practical family zone in 2026: newer stock, lower prestige, but easier budgets and generally better energy ratings than older inner-suburb townhouse complexes.
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About our methodology
Townhouse-only suburb medians are not published in one official table for Canberra, so we built our estimates by combining multiple authoritative sources rather than relying on a single dataset. We also believe it is important to show our reasoning. It is one of the ways we make our work solid, transparent, and rigorous, just as you will see in https://bambooroutes.com/pages/australia-real-estate.
First, please note that this data is updated regularly, so what you see here reflects the current values as of today.
In order to get reliable data, we applied a strict source filter. We only used authoritative, verifiable sources, not random listings or unsupported figures. More on that point below.
For each Canberra neighborhood, we aggregated the freshest townhouse purchase price data available. When possible, we cross-checked multiple sources to confirm the same price range.
This allowed us to estimate the average price per square meter and the median property price for each suburb.
We also calculated the starting budget, which represents the lowest realistic entry point to buy a townhouse in that Canberra neighborhood. This is not the cheapest possible listing, but a real, achievable floor for a standard townhouse purchase.
For each bedroom category, we estimated an average purchase price based on local Canberra market conventions. The typical size and layout of a two-bedroom, three-bedroom, and four-bedroom townhouse can vary across neighborhoods, so we adapted our estimates accordingly.
These estimates were not applied as one flat number across the city. They were adjusted by neighborhood and property type to better reflect local Canberra ownership conditions and price levels.
This table should therefore be read as a structured market estimate, not as an exact guarantee of transaction prices. Honesty, quality, and rigor are at the core of our work, and they are also what you will find in https://bambooroutes.com/pages/australia-real-estate.
What sources have we used to write this article?
Whether it is in our blog articles or the market analyses included in https://bambooroutes.com/pages/australia-real-estate, we rely on verifiable sources and a transparent methodology.
We also aim to be fully transparent, so below we have listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why It Is Authoritative | How We Used It |
|---|---|---|
| Australian Bureau of Statistics (ABS) -- Total Value of Dwellings, Dec 2025 | The ABS is Australia's official national statistics agency and the primary source for residential dwelling values and housing transfer data. | We used it to anchor Canberra's broader residential market level going into early 2026. We also used it to check that our suburb estimates sit within a realistic capital-city pricing context. |
| ACT Open Data Portal | This is the ACT Government's official open-data platform, making it the most direct official source for Canberra suburb-level sales and transaction data. | We used it as the official backbone for suburb naming and local sales transaction evidence across Canberra. We also used it to cross-check figures before finalizing our neighborhood estimates. |
| ACT Government -- Missing Middle Housing Reforms | This is a formal ACT Government policy announcement, which makes it the authoritative source for understanding how Canberra's townhouse supply rules are changing. | We used it to understand the policy push behind more townhouse and row-house supply across Canberra. We also used it to explain why townhouse markets matter in both inner and middle-ring suburbs. |
| ACT Government -- 2025-26 Stamp Duty Support for New Townhouses | This page directly states current ACT budget housing measures from the government, making it the authoritative source for buyer incentives on new Canberra townhouses. | We used it to note that eligible new townhouses under the threshold could receive stamp duty relief in 2025-26. We also used it to explain why entry-level Canberra townhouse demand can remain firm even as prices rise. |
| Allhomes -- ACT Real Estate Market Trends Report | Allhomes is the dominant Canberra property portal and publishes transparent ACT market trend reporting, making it the most relevant local source for suburb-level benchmarks. | We used it to benchmark Canberra house-versus-unit market behavior over the latest 12 months. We also used it to map townhouse-heavy suburbs against broader unit-title trends across the ACT. |
| Allhomes -- Live Townhouse Listing Pages (example: Kingston) | Current Canberra townhouse listings show real asking prices, bedroom mixes, and stock levels, making them a direct and timely pricing reference. | We used current townhouse listings to estimate by-bedroom price levels in each Canberra suburb. We also used them to identify realistic starting budgets and understand typical bedroom-size conventions in each neighborhood. |
| NAB -- Canberra Property Market Insights, February 2026 | This is a bank research note drawing on Cotality market data and published specifically for the Canberra market, giving it credibility as an independent and data-backed source. | We used it to anchor the February 2026 Canberra market snapshot, including overall dwelling values and sales activity levels. We also used it to cross-check affordability and market-momentum assumptions before finalizing our suburb townhouse price estimates. |
| PropTrack -- Home Price Index, February 2026 | PropTrack is a major Australian property-data provider with a published methodology and a current monthly index, making it a reliable cross-check for ACT housing direction. | We used it to cross-check the broader ACT housing direction entering early 2026. We also used it to keep our Canberra suburb estimates aligned with the latest available market momentum data. |
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