All About Ngunnawal, Unincorporated ACT, ACT, 2913

Ngunnawal, located in the Unincorporated ACT area of the Australian Capital Territory, is a thriving suburb that has become increasingly popular within the housing market in recent years. Named after the Indigenous Ngunnawal people, the area holds cultural significance and offers a blend of modern living with a sense of heritage. The housing market in Ngunnawal has demonstrated considerable growth, fueled by the suburb's accessibility and amenities. The area predominantly features a mix of detached houses, townhouses, and medium-density units, ideal for families, professionals, and retirees alike. The demand for properties in Ngunnawal is consistently high, partly due to its close proximity to Canberra's central business district and Gungahlin town centre, making it a strategic location for those seeking a suburban lifestyle with urban conveniences.

Life in Ngunnawal is characterized by a strong sense of community and a family-friendly environment. The suburb is adorned with numerous parks, playgrounds, and walking trails, appealing to outdoor enthusiasts and promoting an active lifestyle. Schools and childcare facilities are readily available, catering to the educational needs of families. Residents enjoy access to local shops, cafes, and services which contribute to the suburb's self-sufficiency, while larger shopping complexes are just a short drive away. The area is well-served by public transport, ensuring ease of travel throughout the ACT. Overall, Ngunnawal offers a balanced lifestyle, combining the tranquility of a suburban setting with the amenities and connectivity of urban living, making it an attractive choice for a wide range of residents.

Ngunnawal Real Estate Market Outlook

Thinking about buying in Ngunnawal? Now could not be a better time, with 4943 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $723,000 with prices in this suburb ranging from $25,000 to $3,241,000. The aproximate distance to the coast is 111 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 Ngunnawal are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Ngunnawal 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. High density population in Ngunnawal requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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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