The 10 Cheapest Suburbs to Live in CANBERRA: Reviewed and Ranked in 2024

Navigating the real estate landscape to pinpoint the most affordable suburb in Canberra is no easy task. With rising property prices and the challenge of balancing affordability against amenities, prospective homeowners are often at a crossroads. Through extensive research and analysis, using a comprehensive scoring system across 10 criteria, I have distilled the essence of value in Canberra’s suburbs for couples and young professionals, ensuring this guide is your reliable navigator in the real estate market.

10. Charnwood – Total Score: 54/100

Charnwood emerges as a contender in our list by offering a reasonable balance of affordability and essential amenities.

Scoring Criteria:

• Median Dwelling Price: 7/10
• Access to Public Transport: 5/10
• Local Schools: 4/10
• Crime Rate: 5/10
• Local Employment Opportunities: 4/10
• Shopping and Essentials: 5/10
• Parks and Recreation: 6/10
• Internet Connectivity: 6/10
• Community Vibe: 6/10
• Future Growth Potential: 6/10

Charnwood, while not the cheapest on the list, offers significant value through its relatively low property prices and decent community facilities. The suburb has witnessed moderate real estate growth, supported by a surge in local retail developments and improvements in public transport links. The presence of several parks and recreational areas adds a layer of attraction for those valuing green space. Importantly, community initiatives aimed at enhancing safety and connectivity are making Charnwood a more appealing option.

Median prices for Charnwood, ACT (2615), as of March 2024:

• Houses – $700,000
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/charnwood-2615/

Those seeking a suburb that balances cost with community engagement and growth prospects will find Charnwood particularly suitable. Ideal for young families and professionals alike, its evolving landscape promises a dynamic yet affordable lifestyle.

9. Holt – Total Score: 57/100

Holt presents a particularly enticing option for homebuyers, blending affordability with a rich array of lifestyle benefits, including well-maintained public spaces, community activities, and local amenities

Scoring Criteria:

• Median Dwelling Price: 8/10
• Access to Public Transport: 6/10
• Local Schools: 5/10
• Crime Rate: 5/10
• Local Employment Opportunities: 4/10
• Shopping and Essentials: 6/10
• Parks and Recreation: 5/10
• Internet Connectivity: 6/10
• Community Vibe: 6/10
• Future Growth Potential: 6/10

Positioned attractively in terms of both price and amenities, Holt stands out for its strong community feel and well-rated local schools, making it a prime location for families. The suburb has seen a gradual increase in home values, reflecting its growing desirability. Local shopping centres cater adequately to daily needs, while the recent upgrade of public transport facilities enhances its connectivity.

Median prices for Holt, ACT (2615), as of March 2024:

• Houses – $747,500
• Units – $674,750

House and unit data provided by, https://www.realestate.com.au/act/holt-2615/

Holt is recommended for those who appreciate a balance between affordability and a supportive community environment. Its steady growth and developing infrastructure make it a wise choice for both settling and investment purposes.

8. Page – Total Score: 61/100

Page ranks well among Canberra suburbs due to its strategic blend of affordability and quality of life, offering residents reasonably priced housing, robust amenities, excellent schools, and well-maintained parks for a satisfying living experience.

Scoring Criteria:

• Median Dwelling Price: 8/10
• Access to Public Transport: 7/10
• Local Schools: 6/10
• Crime Rate: 6/10
• Local Employment Opportunities: 5/10
• Shopping and Essentials: 6/10
• Parks and Recreation: 6/10
• Internet Connectivity: 7/10
• Community Vibe: 5/10
• Future Growth Potential: 5/10

Page is notable for its relatively affordable housing and solid transport links. The suburb’s schools are well-regarded, adding to its appeal for families. Safety and the availability of local amenities further underscore its attractiveness. Recent infrastructure developments have bolstered its desirability among young professionals and families alike.

Median prices for Page, ACT (2614), as of March 2024:

• Houses – $855,500
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/page-2614/

Ideal for those looking for a suburb with growing potential and reasonable costs, Page offers a compelling mix of amenities and affordability, making it a great choice for those starting out or seeking a quieter lifestyle on a budget.

7. MacGregor – Total Score: 63/100

MacGregor stands out for its competitive pricing and high resident satisfaction, offering a strong community feel and excellent local services that make it a popular choice for families and young professionals alike.

Scoring Criteria:

• Median Dwelling Price: 9/10
• Access to Public Transport: 6/10
• Local Schools: 6/10
• Crime Rate: 6/10
• Local Employment Opportunities: 5/10
• Shopping and Essentials: 7/10
• Parks and Recreation: 6/10
• Internet Connectivity: 6/10
• Community Vibe: 7/10
• Future Growth Potential: 5/10

MacGregor is celebrated for its affordable housing market and strong community vibe. The suburb features good schools and accessible shopping options, enhancing its livability. Its parks and recreational facilities are well-maintained, offering plentiful outdoor activities for residents. Additionally, MacGregor has a reputation for safety and a friendly local community, which are big pluses for potential home buyers.

Median prices for MacGregor, ACT (2615), as of March 2024:

• Houses – $780,000
• Units – $573,250

House and unit data provided by, https://www.realestate.com.au/act/macgregor-2615/

This suburb is particularly suited to those seeking an affordable entry into the housing market without compromising on quality of life. It’s ideal for young professionals and families who prioritise community atmosphere and good value.

6. Narrabundah – Total Score: 66/100

Narrabundah expertly balances cost and quality of living, offering affordable housing, ample amenities, quality schools, and accessible public transport in a peaceful, well-maintained environment that fosters a strong community spirit.

Scoring Criteria:

• Median Dwelling Price: 7/10
• Access to Public Transport: 7/10
• Local Schools: 7/10
• Crime Rate: 6/10
• Local Employment Opportunities: 6/10
• Shopping and Essentials: 7/10
• Parks and Recreation: 7/10
• Internet Connectivity: 6/10
• Community Vibe: 7/10
• Future Growth Potential: 6/10

Narrabundah is recognized for its solid educational facilities and well-served public transport, which make it a magnet for professionals and families alike. The suburb offers a variety of shopping options and quality recreational spaces, enhancing its residents’ quality of life. The local employment market is stable, supported by nearby commercial areas, and the community is actively involved in maintaining a vibrant and secure environment.

Median prices for Narrabundah, ACT (2604), as of March 2024:

• Houses – $1,288,000
• Units – $587,500

House and unit data provided by, https://www.realestate.com.au/act/narrabundah-2604/

Ideal for families and young professionals, Narrabundah is a suburb that offers affordability without sacrificing the conveniences necessary for modern living. It stands as a smart choice for those looking for a balance between city life and suburban peace.

5. Flynn – Total Score: 70/100

Flynn presents a compelling proposition with its affordability aligned with lifestyle advantages.

Scoring Criteria:

• Median Dwelling Price: 8/10
• Access to Public Transport: 7/10
• Local Schools: 7/10
• Crime Rate: 7/10
• Local Employment Opportunities: 6/10
• Shopping and Essentials: 7/10
• Parks and Recreation: 7/10
• Internet Connectivity: 7/10
• Community Vibe: 7/10
• Future Growth Potential: 7/10

Flynn is a standout for its excellent crime rate and robust local schooling options, making it particularly attractive for families. Its amenities serve the residents well, with good local employment prospects and a vibrant community spirit. The suburb has also experienced significant public and private investment, which has led to improvements in infrastructure and public services.

Median prices for Flynn, ACT (2615), as of March 2024:

• Houses – $890,000
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/flynn-2615/

This suburb is particularly appealing to those who value community and safety alongside affordability. Flynn is suitable for individuals and families looking for a well-rounded suburb that promises growth and stability.

4. Scullin – Total Score: 73/100

Scullin stands out as a suburb offering an attractive mix of affordability and community benefits, with affordable housing, ample local amenities, strong social connections, and numerous community activities enhancing the quality of life for its residents.

Scoring Criteria:

• Median Dwelling Price: 8/10
• Access to Public Transport: 8/10
• Local Schools: 8/10
• Crime Rate: 7/10
• Local Employment Opportunities: 6/10
• Shopping and Essentials: 8/10
• Parks and Recreation: 7/10
• Internet Connectivity: 7/10
• Community Vibe: 8/10
• Future Growth Potential: 6/10

Scullin is well-regarded for its educational institutions and enhanced transport connectivity, which are key attractions for young professionals and families. The suburb enjoys a low crime rate and robust community involvement, which further enhances its desirability. Recent developments in local shopping and recreational facilities have significantly improved the living standards in the area.

Median prices for Scullin, ACT (2614), as of March 2024:

• Houses – $800,000
• Units – $460,000

House and unit data provided by, https://www.realestate.com.au/act/scullin-2614/

Ideal for those seeking an active community and good infrastructure, Scullin is recommended for families and young professionals who desire a suburb that offers both affordability and a high quality of life.

3. Higgins – Total Score: 76/100

Higgins shines with its affordability and strong residential appeal, attracting residents with its budget-friendly housing, excellent local schools, well-maintained parks, and a vibrant community atmosphere.

Scoring Criteria:

• Median Dwelling Price: 8/10
• Access to Public Transport: 7/10
• Local Schools: 8/10
• Crime Rate: 8/10
• Local Employment Opportunities: 7/10
• Shopping and Essentials: 8/10
• Parks and Recreation: 8/10
• Internet Connectivity: 7/10
• Community Vibe: 8/10
• Future Growth Potential: 7/10

Higgins is celebrated for its excellent safety record and strong community ties. The suburb has a range of educational options and is well-connected by public transport, making it highly attractive to young families and professionals. The area boasts a variety of parks and recreational facilities, contributing to a high quality of life and fostering strong neighbourhood connections.

Median prices for Higgins, ACT (2615), as of March 2024:

• Houses – $822,500
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/higgins-2615/

Higgins is an ideal suburb for those who prioritise safety, community, and accessibility. It offers a tranquil environment with the potential for property value appreciation, making it a wise choice for long-term investment.

2. Spence – Total Score: 79/100

Spence is highly regarded for its excellent balance of affordability and quality of life, offering competitively priced housing, top-notch schools, expansive parks, and a community-oriented atmosphere that enhances resident satisfaction and well-being.

Scoring Criteria:

• Median Dwelling Price: 9/10
• Access to Public Transport: 8/10
• Local Schools: 8/10
• Crime Rate: 8/10
• Local Employment Opportunities: 7/10
• Shopping and Essentials: 9/10
• Parks and Recreation: 8/10
• Internet Connectivity: 7/10
• Community Vibe: 9/10
• Future Growth Potential: 6/10

Spence stands out for its exceptional affordability in housing coupled with high-quality amenities. It offers excellent educational facilities, robust public transport, and a low crime rate, which are key considerations for potential homeowners. The suburb’s local market and recreational options have seen significant upgrades, enhancing the overall attractiveness of the area.

Median prices for Spence, ACT (2615), as of March 2024:

• Houses – $855,000
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/spence-2615/

Perfect for individuals and families seeking affordability without compromise, Spence offers an environment that supports both personal and professional growth.

1. Dunlop – Total Score: 83/100

Dunlop tops our list as the most affordable and livable suburb in Canberra, offering competitive housing prices along with excellent schools, plentiful green spaces, comprehensive amenities, and a strong community vibe, making it an ideal choice for a wide range of residents.

Scoring Criteria:

• Median Dwelling Price: 9/10
• Access to Public Transport: 9/10
• Local Schools: 9/10
• Crime Rate: 8/10
• Local Employment Opportunities: 7/10
• Shopping and Essentials: 9/10
• Parks and Recreation: 9/10
• Internet Connectivity: 8/10
• Community Vibe: 9/10
• Future Growth Potential: 6/10

Dunlop is distinguished by its excellent balance of affordability, accessibility, and amenity richness. The suburb features some of the best schools in the region, extensive public transport networks, and a very low crime rate, making it an ideal location for families and professionals. The vibrant community and numerous parks provide a welcoming and active lifestyle.

Median prices for Dunlop, ACT (2615), as of March 2024:

• Houses – $800,000
• Units – n/a

House and unit data provided by, https://www.realestate.com.au/act/dunlop-2615/

Dunlop is highly recommended for those who seek the best value for their money in Canberra’s real estate market. Its combination of low housing costs and high living standards makes it the top choice for a wide range of homebuyers.

How I scored each suburb

In this section, you’ll discover the criteria used to score each suburb and understand why each metric is crucial for assessing affordability and livability.

Median Dwelling Price

Median dwelling price evaluates the average cost of acquiring a property in the suburb. It’s fundamental because it directly impacts affordability, influencing both initial investment and ongoing costs.  The median dwelling price is a critical metric as it sets the financial baseline for entry into the suburb, which is essential for first-time homebuyers and investors alike.

A suburb requiring a high financial commitment, with median property prices significantly above the Canberra average, would score a 1. For instance, a suburb like Yarralumla, known for its high-end properties, could fall into this category.  Conversely, a suburb offering exceptionally affordable housing, with prices much lower than the average across Canberra, would score a 10. A suburb like Belconnen, offering relatively lower-priced housing while still maintaining good amenities, might achieve this score.

Access to Public Transport

Access to public transport measures the availability and frequency of public transport options within the suburb, including buses, trains, and trams.  Efficient public transport is essential for reducing commuting costs and time, making it a valuable asset for residents who work in city centers or other suburbs.

A suburb with sparse or unreliable public transport services, causing inconvenience and increased reliance on private vehicles. Tharwa, due to its location and limited public transport options, might score a 1.  A suburb with a well-connected, frequent, and reliable public transport network, like Kingston, which benefits from multiple bus and light rail services, would score a 10.

Local Schools

Local schools assesses the number, quality, and diversity of educational institutions within the suburb or its immediate vicinity.  Quality local schools are crucial for families considering where to settle, impacting children’s education and family life satisfaction.

A suburb with few or poorly rated schools, which might compel residents to seek educational opportunities elsewhere. A suburb like Pialligo, with limited educational facilities, could be a candidate for this score.  Suburbs like Gungahlin, where there is a high concentration of well-regarded schools catering to a range of educational needs, would likely score a 10.

Crime Rate

Crime rate measures the frequency and severity of crime within the suburb, providing an indicator of safety and security.  A low crime rate is essential for ensuring the well-being and peace of mind of residents, making it a key factor in the livability of a suburb. 

Suburbs experiencing high levels of crime, which could deter potential residents and lower property values. Suburbs like Fyshwick, often noted for higher crime rates due to its industrial and commercial areas, might score low.  Suburbs known for their safety and low crime statistics, such as Forrest, would score high, reflecting their appeal as safe residential areas.

Local Employment Opportunities

Local employment opportunities evaluates the availability of jobs within or near the suburb, across various sectors.  Proximity to employment opportunities can reduce travel costs and time, enhancing quality of life and making a suburb more attractive.

Suburbs with limited job opportunities, necessitating long commutes for most residents. Oaks Estate might struggle in this category due to its predominantly industrial focus.  Suburbs like Barton, with a dense concentration of employment options, particularly in government and professional services, would score highly.

Shopping and Essentials

Shopping and essentials evaluates the availability and variety of shopping facilities and essential services such as grocery stores, medical centers, and banks within the suburb.  Convenient access to essential services is crucial for daily life, contributing to the livability and appeal of a suburb.

Suburbs with limited shopping options and essential services, forcing residents to travel to other areas for basic needs, like Parkes. Suburbs like Gungahlin, where a wide variety of shopping centers, grocery stores, and other essential services are readily available and accessible.

Parks and Recreation

Parks and Recreation assesses the quality, quantity, and accessibility of public parks, recreational facilities, and green spaces.  Parks and recreational areas are vital for leisure, exercise, and community events, enhancing the overall quality of life in a suburb.

Suburbs with few or poorly maintained parks and recreational facilities, such as Oaks Estate. Suburbs like Tuggeranong, renowned for its well-maintained parks, lakes, and recreational paths that offer a range of outdoor activities.

Internet Connectivity

Internet connectivity looks at the availability and speed of internet services, a critical factor in today’s digital age for both work and entertainment.  Reliable internet is essential for residents who work from home, students, and for general connectivity with the wider world.

Suburbs with poor internet connectivity and limited service providers, such as Uriarra.  Suburbs like Braddon, which feature high-speed internet access and multiple service options catering to a tech-savvy population.

Community Vibe

Community vibe gauges the sense of community, including neighbourhood friendliness, community events, and general atmosphere.  A strong community vibe can make a suburb more welcoming and enjoyable, fostering connections among residents.

Suburbs where residents report a lack of community engagement or where there are few community events, like Hume.  Suburbs like Amaroo, known for their active community groups, frequent local events, and a friendly neighbourhood atmosphere.

Future Growth Potential

Future growth potential assesses the potential for future development and growth in terms of infrastructure, population, and housing market trends.  Future growth potential is a key indicator of whether a suburb is likely to become more desirable and economically robust, affecting property values and investment opportunities.

Suburbs with little to no planned developments or enhancements, which might stagnate, such as Hall.  Suburbs like Casey, which are experiencing rapid growth in residential development, infrastructure improvements, and population, indicating strong future potential.

Research: A Blend of Data and Local Insights

The process of compiling this list of the most affordable and livable suburbs in Canberra involved a meticulous blend of quantitative data and qualitative insights. To ensure accuracy and relevance, I sourced data from real estate websites like Domain and Realestate.com.au, which provided up-to-date information on median dwelling prices, crime rates, and local amenities. Additionally, government and local council websites offered valuable data on public transport systems and educational facilities.

My approach also included engaging with local communities and experiencing the suburbs firsthand. I spent several days visiting cafes, parks, and local businesses, absorbing the atmosphere and community vibes. For instance, the vibrant café culture at The Knox Made in Watson in Watson and the bustling local markets in Belconnen enriched my understanding of the social fabric and lifestyle offerings of these suburbs.

Further insights were gathered through local newspapers and online forums, where residents shared their experiences and opinions about living in their respective suburbs. The Canberra Times provided recent news articles on urban development and community issues, which were instrumental in evaluating future growth potential and current livability. Websites like Allhomes also offered valuable resident reviews and insights into neighbourhood satisfaction and amenities.

Combining these diverse sources allowed for a balanced view of each suburb, ensuring that the rankings reflected not only statistical data but also the real, lived experiences of the residents. Whether it was enjoying a meal at Da Bronx in Higgins or a leisurely afternoon at the Kippax Fair Shopping Centre, these experiences helped shape a nuanced understanding of what it truly means to live in each of these suburbs.

Conclusion

My exploration of Canberra’s suburbs has provided a comprehensive overview of the top localities for affordability and quality of life. Here’s a summary of my findings:

1. Dunlop – Total Score: 83/100
2. Spence – Total Score: 79/100
3. Higgins – Total Score: 76/100
4. Scullin – Total Score: 73/100
5. Flynn – Total Score: 70/100
6. Narrabundah – Total Score: 66/100
7. MacGregor – Total Score: 63/100
8. Page – Total Score: 61/100
9. Holt – Total Score: 57/100
10. Charnwood – Total Score: 54/100

These suburbs represent the best value in terms of affordability, amenities, and potential for growth. From the leafy streets of Dunlop with its exceptional balance of cost and convenience, to the community-focused environment of Charnwood, each suburb offers unique attributes that cater to various lifestyles and preferences. Whether you are a young professional looking for connectivity and vibrant social settings or a family in search of a peaceful, child-friendly neighbourhood, Canberra has a suburb that meets your needs.

For those looking to make an informed decision on purchasing a property in these areas, considering the use of a buyer’s agent might be advantageous. A professional residential buyer’s agent can provide tailored advice and help navigate the complexities of the real estate market, ensuring you find a home that suits your budget and lifestyle preferences.