Turner ACT 2612: Property Market Report & Real Estate Insights

Part of Unincorporated ACT, ACT

Turner Real Estate Market Outlook

Thinking about buying in Turner? Now could not be a better time, with 3674 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $983,000 with prices in this suburb ranging from $197,000 to $21,583,000. The approximate distance to the coast is 106 Km.

Living in Turner

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 Turner are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Turner provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Turner necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Turner, located in the inner north of Canberra, Australian Capital Territory, offers a vibrant housing market characterized by a mix of modern apartments and classic 20th-century homes. The suburb is particularly appealing due to its proximity to the Canberra city center and the Australian National University, making it an attractive location for students, professionals, and families alike. As of my last update, Turner has been experiencing steady demand, driven by its strategic location and the quality of amenities available in the area. This demand has contributed to a relatively higher price range for properties, although potential buyers find value in the lifestyle offered. The neighborhood is well-known for its tree-lined streets and expansive green spaces, like Haig Park, which add to the aesthetic and environmental appeal of the area, thereby influencing property values positively.

Living in Turner offers a blend of convenience, culture, and community. Residents enjoy easy access to an array of cafes, restaurants, and shops, particularly along Lonsdale Street in the neighboring suburb of Braddon, which is known for its trendy and eclectic vibe. The suburb's proximity to the Canberra CBD means that cultural institutions, entertainment venues, and employment opportunities are just a short distance away, contributing to a well-rounded lifestyle. Public transport is easily accessible, enhancing connectivity to other parts of Canberra. Turner is also characterized by a strong sense of community, with residents actively participating in local events and initiatives. The area is popular with both young professionals and families, given its safe environment, excellent educational facilities, and abundance of recreational options. Overall, Turner offers a well-balanced lifestyle, making it a highly desirable place to live within the ACT.

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