Houses in More than Half Canberra's Suburbs Now Cost More than $1m

Houses in more than half Canberra's suburbs now cost more than $1m

Over half of Canberra's suburbs now have median house prices exceeding $1 million, new data from Cotality reveals.

Million buck benchmark loses sparkle in house value run

One in every three property markets in Australia have a median value of $1m after fresh gains across the country, led by Queensland.

Rising market boosts number of Canberra's million dollar suburbs

Strathnairn has joined the million-dollar club. This home in Rachel Makinson Street recently sold for $1,535,000. Photo: Zango. Canberra’s million-dollar property club has rebounded, with a number of new members joining its ranks for the first time, according to a new report from Cotality. Almost 60 per cent of Canberra suburbs now boast a median value of $1 million or more. Cotality found in its nationwide analysis of house and unit values that…