Question 1

Is Campbell a nice place to live?

Accepted Answer

Campbell sits on the lower slopes of Mount Ainslie in Canberra’s inner north, with the Australian War Memorial as a defining presence and reserve and walking trails at its back door. Its leafy, largely residential streets mix mid-century detached houses with pockets of contemporary townhouses and low-rise units, and residents are largely professionals and families who value easy access to the Parliamentary Triangle and the city. Daily life leans outdoors, with Mount Ainslie walks and local parks nearby, and practical road and bus connections for commuting and errands. Campbell has 6,564 residents and a relatively young median age of 28; homes are mostly owner-occupied (60.9%) while about 39.1% rent. The suburb is also the site of a major redevelopment of the Australian War Memorial and sits inside planning guidance that shapes building heights and streetscape.

Question 2

Is it expensive to live in Campbell?

Accepted Answer

In Campbell the numbers show a clear split between buying and renting when measured against local incomes at the last Census. The median house price of $1,837,500 is about 11.6 times a typical local household's annual income at the last Census, while the median unit price of $797,500 is about 5.0 times that annual income. Looking at rents, the average house rent of $930 a week would take about 30.5% of a typical local household's weekly income at the last Census, and the average unit rent of $650 a week would take about 21.3%. On these figures, buying a house sits much further above what people locally earned at the last Census than renting does, with unit buying closer to those incomes.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Campbell a good place to invest?

Accepted Answer

The picture in Campbell over the past year is mixed. House values fell slightly, down 1.2%, while unit values rose modestly, up 3.8%. On the rental side, house rents edged up 1.1% and unit rents climbed a solid 8.3%.

For someone weighing Campbell as an investment, the value figures speak to capital growth and the rent figures to rental income. Over the year, rental income — particularly for units — was the stronger performer, while house prices moved a little lower even as house rents ticked up. Whether that pattern fits your objectives depends on what you prioritise.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$1.84M	$798K
Change in value Past 12 months	-1.2%	3.8%
Sold Past 3 months	12	22
Median days on market Past 12 months	71	62
Average rent Past 12 months	$930	$650
Change in rent Past 12 months	1.1%	8.3%

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