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Amaroo suburb profile

Amaroo is a picturesque suburb located in the Gungahlin district of Canberra, known for its family-friendly environment and modern amenities. The suburb features a mix of contemporary homes and well-planned streets, making it an attractive choice for families and professionals. Amaroo is home to several parks, walking trails, and the scenic Yerrabi Pond, offering ample recreational opportunities. The local Amaroo School is highly regarded, contributing to the suburb's appeal for families with children. With convenient access to shopping centers, public transport, and community facilities, Amaroo provides a balanced lifestyle within a growing region of the Australian Capital Territory.

Amaroo property market performance

Current median dwelling price$770,000Past 3 months

Property growth-0.3%Past 12 months

Amaroo's property market has shown modest growth over the past 12 months, with house values increasing by 2.6%, bringing the median house price to $980,000. The unit market remains stagnant, with no change in median value and a median price of $0, indicating limited activity in this segment.

Sales activity has been relatively low, with 23 houses and only 4 units sold in the past 12 months. Houses are taking longer to sell, with a median of 68 days on the market, while unit sales data is insufficient to determine market trends.

The rental market in Amaroo has seen a notable increase in house rents, rising by 6.7% over the last 12 months, with an average rent of $720. In contrast, unit rents have remained unchanged, averaging $500, reflecting stable demand in the rental sector.

HousesUnits
Median price
Past 3 months
$990KN/A
Change in value
Past 12 months
2.8%N/A
Sold
Past 3 months
244
Median days on market
Past 12 months
71N/A
Average rent
Past 12 months
$700$505
Change in rent
Past 12 months
4.5%1.0%

5 year median price trend for houses and units

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Amaroo demographics

Amaroo, located in the northern suburbs of Canberra, is a family-friendly area known for its modern amenities and community-oriented lifestyle. With a population of 6,129, Amaroo offers a suburban feel with the convenience of being close to the city. The median age of 35 suggests a youthful yet mature community, often comprising young families and professionals who appreciate the balance of work and leisure that Amaroo provides.

The suburb is characterized by a high percentage of couple families with children, making up 58% of the population. This highlights Amaroo's appeal to families seeking a supportive environment with access to quality schools, parks, and recreational facilities. Additionally, 28.1% of households are couple families without children, indicating a diverse demographic that includes both young couples and empty nesters.

Housing in Amaroo is predominantly owner-occupied, with 49.8% of properties owned with a mortgage and 22.1% owned outright. This reflects a stable community with a strong sense of investment in the area. Meanwhile, 28.1% of properties are rented, providing options for those who prefer flexibility or are new to the area. With a median total household income of $2,769 weekly, Amaroo residents enjoy a comfortable standard of living, supported by the suburb's well-planned infrastructure and community services.

Amaroo infrastructure, key developments and investment opportunities

Amaroo continues to benefit from its proximity to major Gungahlin district amenities, with established retail precincts and recreation spaces supporting local demand. No recent reports indicate significant new infrastructure projects, transport upgrades, or school redevelopments within Amaroo itself, suggesting a period of stability for the suburb’s property market.

Home buyers and sellers should note that Amaroo’s access to parks, existing schools, and reliable road connectivity into Gungahlin Town Centre remains unchanged. With no major council planning changes or large-scale developments announced, livability factors and property values are likely to be driven by existing amenities and steady demand.

Amaroo rental market trends

The rental market in Amaroo has experienced moderate growth, with house rents increasing by 6.7% over the past year to $720 per week, while unit rents have remained stable at $500 per week. With its family-friendly environment and proximity to essential amenities, Amaroo continues to attract renters seeking a balanced lifestyle in the ACT region.

Suburbs near Amaroo

Some popular suburbs near Amaroo include:

How does Amaroo compare to nearby suburbs?

  • Median house prices: Amaroo’s median house price is 20.7% higher than Casey’s.
  • Median unit prices: Amaroo’s median unit price is 31.0% higher than Casey’s.
  • House price growth: Over the past 12 months, house prices in Amaroo have grown 8.4% higher than in Harrison.
  • Unit price growth: Over the past 12 months, unit prices in Amaroo have grown 6.5% higher than in Nicholls.
  • Selling speed for houses: Properties in nearby Casey are selling 12.7% faster than in Amaroo.
  • Selling speed for units: Properties in nearby Casey are selling 25.6% faster than in Amaroo.
  • Investment considerations: In Amaroo, the rental yield for house is 1.0% lower than the Canberra average, while the rental yield for units is 9.3% lower.
  • House price growth: Over the past 12 months, house prices in Amaroo have grown 6.2% lower than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Amaroo have grown 12.3% higher than the average rate of growth for units across Canberra.

Common questions about Amaroo

  • Is Amaroo a nice place to live?

    Amaroo is a delightful suburb that offers a charming blend of modern living and natural beauty, making it a wonderful place to call home. Known for its family-friendly atmosphere, Amaroo is a haven for those seeking a peaceful yet vibrant community. The suburb is adorned with lush parks and scenic walking trails, providing ample opportunities for outdoor activities and relaxation. Families are particularly drawn to Amaroo due to its excellent educational facilities, including the highly regarded Amaroo School, which adds to the suburb's appeal for those with children.

    Residents of Amaroo enjoy the convenience of being close to essential amenities, with easy access to shopping centers, public transport, and community facilities. The suburb's well-planned infrastructure supports a balanced lifestyle, allowing families and professionals to thrive. While Amaroo offers a serene suburban feel, it is not far from the bustling Gungahlin Town Centre, ensuring that residents have access to a wider range of shopping and entertainment options.

    Safety is a notable feature of Amaroo, contributing to its reputation as a secure and welcoming environment for families. However, one trade-off of living in Amaroo is that it may not offer the same level of nightlife or cultural activities as more central areas. Despite this, the suburb's strong sense of community and the abundance of green spaces make it an attractive choice for those prioritizing a tranquil lifestyle. Overall, Amaroo is a fantastic place to live for families and individuals seeking a supportive community with modern amenities and a touch of nature.

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  • Is it expensive to live in Amaroo?

    Living in Amaroo can be quite expensive, especially when you consider the housing market. The median house price in Amaroo is currently $980,000, which is significant compared to the average earnings in Canberra, which are around $88,000 per year. For those considering renting, the average rent for houses is $720 per week, and while there are no current figures for unit prices, the average rent for units is $500 per week over the last year.

    When you look at the median total household income in Amaroo, which is $2,769 weekly, it becomes clear that a large portion of income would be directed towards housing costs, whether buying or renting. This can make living in Amaroo challenging for individuals or families earning around the average wage in Canberra. While Amaroo offers a pleasant lifestyle with its suburban charm and amenities, the cost of living, particularly in terms of housing, is on the higher side. If you are thinking of living in Amaroo, it's important to consider your financial situation and how it aligns with the expenses associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Amaroo a good place to invest?

    Amaroo presents a promising opportunity for property investors, particularly those interested in stable rental income. Over the past year, the suburb has experienced a 2.6% increase in median house values, indicating a steady appreciation in property prices. While unit values have remained unchanged, the rental market for houses has seen a significant boost, with a 6.7% increase in rent. This suggests a strong demand for rental properties, making it an attractive option for investors seeking reliable rental returns.

    Although the growth in unit values has been stagnant, the consistent demand for house rentals highlights Amaroo's appeal to families and long-term renters. The suburb's family-friendly environment and community amenities contribute to its desirability, ensuring a steady influx of tenants. While it may not offer rapid capital growth, Amaroo's combination of stable property values and strong rental demand makes it a solid choice for investors looking for a dependable investment with potential for gradual appreciation.

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Choose the right real estate agents in Amaroo

Currently, there are 51 real estate agents working in Amaroo—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 51 agents sold 37.0% of all properties in Amaroo over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Amaroo typically charge a commission of 2.3% to 2.85%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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