All About Aranda, Unincorporated ACT, ACT, 2614

Aranda, located in the Belconnen district of the Australian Capital Territory, is known for offering a serene and family-friendly living environment, distinct from the hustle and bustle commonly associated with larger urban centers. The housing market in Aranda typically features a mix of mid-century homes, townhouses, and modern renovations, catering to a diverse range of buyers from first-time homeowners to those looking for more established properties. Over recent years, the market here has seen moderate appreciation in property values, reflecting the area's desirability and the relative scarcity of available properties. Aranda's real estate is characterized by generous block sizes and green space, a feature that significantly contributes to its appeal. With the Australian National University and Canberra's Civic Center not too far away, Aranda represents an ideal suburban enclave, combining access to urban amenities with the tranquility of suburban life.

Living in Aranda offers a blend of community, convenience, and a naturally beautiful setting. The suburb is well-loved for its leafy streets and proximity to numerous parks and reserves, most notably the Aranda Bushland Nature Reserve, which provides residents with ample opportunities for outdoor activities and nature walks. The community vibe is often described as close-knit and welcoming, with a number of local events and gatherings strengthening neighborhood bonds. Schools in the area, such as Aranda Primary School, are highly regarded, which adds to the suburb’s attraction for families. Public transport options and road access are convenient, making commuting to the central parts of Canberra relatively easy. Overall, Aranda is seen as a peaceful and pleasant place to live, offering a quality of life that balances both nature and convenience, making it a sought-after spot for those looking to settle in the Canberra region.

Aranda Real Estate Market Outlook

Thinking about buying in Aranda? Now could not be a better time, with 1227 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,246,000 with prices in this suburb ranging from $126,000 to $5,064,000. The aproximate distance to the coast is 110 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Aranda ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The slightly lower than average earnings from occupations in Aranda changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Aranda to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Aranda we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Aranda a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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