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Flynn suburb profile

Flynn is a peaceful suburb located in the Belconnen district of Canberra, offering a family-friendly environment with a strong sense of community. Known for its leafy streets and spacious parks, Flynn provides residents with ample green spaces and recreational facilities. The suburb is well-served by local schools and shopping centres, making it convenient for families and professionals alike. With its proximity to major roads and public transport, Flynn offers easy access to Canberra's city centre and surrounding areas. Its blend of suburban tranquility and accessibility makes Flynn a desirable location for those seeking a balanced lifestyle.

Flynn property market performance

Flynn’s property market has shown growth, with house values increasing by 6.6% over the past 12 months, bringing the median house price to $980,000. Interestingly, there have been no unit sales, and unit values remain unchanged. Over the past three months, 17 houses were sold, moving relatively quickly with a median of 40 days on market.

The rental market in Flynn has also been dynamic, with the average rent for houses rising by 7.1% to $750 over the past year, indicating strong demand. There are no rental figures for units, consistent with the absence of sales activity in this segment.

HousesUnits
Median price
Past 3 months
$980KN/A
Change in value
Past 12 months
6.6%N/A
Sold
Past 3 months
17N/A
Median days on market
Past 12 months
40N/A
Average rent
Past 12 months
$750N/A
Change in rent
Past 12 months
7.1%N/A

5 year median price trend for houses and units

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Flynn demographics

Flynn, a suburb located in the northern part of Canberra, offers a serene and family-friendly environment. With a population of 3,671, it is a close-knit community that enjoys the benefits of suburban living while being within reach of the city’s amenities. The median age of 37 suggests a mature community, with many residents likely to be established professionals and families who appreciate the balance of work and leisure that Flynn provides.

The suburb is characterized by a high proportion of couple families with children, accounting for 51.1% of the population, which underscores its appeal to families seeking a supportive and nurturing environment. Additionally, 35% of households are couple families without children, indicating a significant number of residents who enjoy the tranquility and space that Flynn offers. The presence of one-parent families at 12.4% adds to the suburb's diverse family dynamics.

Property ownership in Flynn is predominantly skewed towards ownership, with 34.5% of homes owned outright and 49.6% owned with a mortgage. This reflects a stable and committed community, with many residents likely to be long-term homeowners. The rental market is relatively small, with only 15.8% of properties being rented, which may appeal to those looking for a more settled and less transient neighborhood. Overall, Flynn is an attractive suburb for those seeking a family-oriented lifestyle with the convenience of Canberra's urban offerings nearby.

Suburbs near Flynn

Some popular suburbs near Flynn include:

  • Fraser: Known for its spacious parks and family-friendly atmosphere, Fraser is located directly north of Flynn.
  • Melba: Offering a mix of residential areas and community facilities, Melba is situated to the east of Flynn.
  • Charnwood: Known for its vibrant community and local shopping centers, Charnwood lies to the west of Flynn.
  • Spence: Featuring a blend of natural reserves and suburban living, Spence is located to the northeast of Flynn.
  • Dunlop: Known for its modern housing developments and scenic views, Dunlop is situated to the northwest of Flynn.

How does Flynn compare to nearby suburbs?

  • Median house prices: Flynn’s median house price is 7.5% higher than Melba’s.
  • House price growth: Property prices in nearby Fraser have risen 0.4% more than in Flynn over the past year.
  • Selling speed for houses: Properties in Flynn are selling 21.6% faster than in Fraser.
  • House price growth: Over the past 12 months, house prices in Flynn have grown 5.9% lower than the average rate of growth across Canberra.
  • Unit price growth:Over the past 12 months, unit prices in Flynn have grown 44.7% higher than the average rate of growth for units across Canberra.

Choose the right real estate agents in Flynn

Currently, there are 45 real estate agents working in Flynn—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 45 agents sold 21.6% of all properties in Flynn 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 Flynn typically charge a commission of 2.06% to 2.55%. 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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