All About Narrabundah, Unincorporated ACT, ACT, 2604

Narrabundah, located in the Australian Capital Territory (ACT), is renowned for its charming, leafy streets and its sense of community. As a suburb within close proximity to Canberra's city center, it has become increasingly desirable in the housing market. In recent years, Narrabundah has experienced a surge in demand due to its blend of older character homes and modern developments, appealing to both families and young professionals. The diversity in architectural styles adds to its charm, while the lush greenery and parks make it an attractive choice for those seeking a scenic environment. With the ongoing demand, property prices have seen a steady increase, reflecting the suburb's growing reputation as a sought-after location within the ACT.

Living in Narrabundah offers residents a balanced lifestyle, combining suburban tranquility with urban convenience. The suburb boasts a number of local amenities, including schools, cafes, and small shopping precincts, contributing to its vibrant community atmosphere. The proximity to Canberra's cultural and educational institutions further enriches the living experience, making it ideal for families and students alike. Furthermore, the suburb's active community groups and events foster a strong sense of belonging among residents. Narrabundah's extensive green spaces and walking trails provide abundant outdoor recreational opportunities, enhancing the quality of life for those who reside there. The suburb's warm and welcoming character, coupled with its strategic location, makes it an appealing place to settle down.

Narrabundah Real Estate Market Outlook

Thinking about buying in Narrabundah? Now could not be a better time, with 3700 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,157,000 with prices in this suburb ranging from $65,000 to $11,646,000. The aproximate distance to the coast is 100 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Narrabundah are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Narrabundah classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Narrabundah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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