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Fraser suburb profile

Fraser is a peaceful suburb located in the Belconnen district of Canberra, ACT, known for its family-friendly environment and natural beauty. Nestled at the base of the Brindabella Ranges, Fraser offers residents stunning views and easy access to outdoor activities. The suburb features spacious parks, walking trails, and a strong sense of community, making it ideal for families and nature enthusiasts. With local schools, shops, and amenities nearby, Fraser provides a convenient yet tranquil lifestyle. Its blend of suburban comfort and proximity to nature makes it a desirable location for those seeking a balanced lifestyle in the nation's capital.

Fraser property market performance

Fraser's property market has seen a robust increase in house values over the past 12 months, rising by 9.8%. However, with no units sold and a median price of $0, unit market activity remains stagnant. In the past three months, sales activity was limited, with just 8 houses sold, taking a median of 53 days on the market. This suggests a moderate demand for houses.

The rental market for houses in Fraser has experienced a significant rise, with average rent increasing by 12.1% over the last year, reaching $740 per week. The unit rental market, however, shows no change, reflecting the broader inactivity in this sector.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
9.8%N/A
Sold
Past 3 months
8N/A
Median days on market
Past 12 months
53N/A
Average rent
Past 12 months
$740N/A
Change in rent
Past 12 months
12.1%N/A

5 year median price trend for houses and units

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Fraser demographics

Fraser, a suburb located in the northern part of Canberra, offers a serene and family-friendly environment. With a population of 2,126, 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 41 suggests a mature population, with many residents likely to be established professionals and families who appreciate the suburb's peaceful atmosphere and community spirit.

The suburb is characterized by a high percentage of couple families with children, making up 48.1% of the households. This indicates that Fraser is particularly appealing to families seeking a supportive environment to raise children. Additionally, 36.9% of households are couple families without children, reflecting a mix of young couples and empty nesters who enjoy the suburb's tranquility and green spaces.

Property ownership in Fraser is predominantly stable, with 41% of homes owned outright and 48.6% owned with a mortgage. This high level of home ownership underscores the suburb's appeal to those seeking long-term residence. Only 10.5% of properties are rented, which is relatively low compared to other suburbs, highlighting Fraser's appeal to those looking for stability and community roots. With a median total household income of $2,618 weekly, residents enjoy a comfortable lifestyle, supported by the suburb's proximity to schools, parks, and local amenities.

Fraser infrastructure, key developments and investment opportunities

Fraser remains a predominantly established, low-density suburb with limited large-scale redevelopment, which helps preserve its quiet, family-oriented character and supports steady demand for detached homes.[4] Access to nearby employment and retail hubs in Belconnen, as well as shopping options in neighbouring suburbs such as Spence, Casey and Charnwood, continues to underpin Fraser’s appeal for buyers seeking convenience without high-density living.[4]

Local amenities such as Fraser’s primary school, multiple playgrounds and proximity to Mt Rogers Nature Reserve and surrounding bushland contribute to strong lifestyle appeal, particularly for families and downsizers who value green space and walking trails.[4] Public transport via the ACTION bus network provides reasonable connectivity, but the absence of major new transport or infrastructure projects means no significant short-term shifts in accessibility or property demand are expected at this time.[4]

Fraser rental market trends

The rental market in Fraser has experienced growth, with house rents increasing 12.1% over the past year to $740 per week. Unit rents remain unchanged. The area continues to attract interest with its steady demand for housing and potential for future development, making it an appealing choice for residents seeking a suburban setting.

Suburbs near Fraser

Some popular suburbs near Fraser include:

How does Fraser compare to nearby suburbs?

  • Median house prices: Fraser’s median house price is 26.3% higher than Flynn’s.
  • House price growth: Over the past 12 months, house prices in Fraser have grown 1.4% higher than in Flynn.
  • Selling speed for houses: Properties in nearby Flynn are selling 15.1% faster than in Fraser.
  • House price growth: Over the past 12 months, house prices in Fraser have grown 2.2% higher than the average rate of growth across Canberra.

Common questions about Fraser

  • Is Fraser a nice place to live?

    Fraser is a delightful suburb that offers a serene and family-friendly atmosphere, making it a wonderful place to call home. Nestled in the northern part of Canberra, Fraser is known for its charming environment and proximity to the natural beauty of the Brindabella Ranges. Residents enjoy a peaceful lifestyle with access to spacious parks and walking trails, perfect for those who appreciate the great outdoors. The suburb's strong sense of community and welcoming vibe make it particularly appealing to families who are looking for a supportive environment to raise their children.

    Living in Fraser comes with the advantage of being close to essential amenities, including local schools, shops, and recreational facilities. The suburb's location provides easy access to nearby employment and retail hubs in Belconnen, as well as shopping options in neighboring suburbs like Spence and Charnwood. While Fraser may not offer the bustling nightlife of inner-city areas, it compensates with its tranquil suburban charm and the convenience of nearby amenities. Safety is generally not a concern, contributing to the suburb's appeal for families and those seeking a quiet, stable lifestyle.

    One trade-off of living in Fraser is the limited public transport options, as the suburb relies on the ACTION bus network for connectivity. However, this is a small price to pay for the suburb's low-density living and the preservation of its peaceful character. For families, the presence of multiple playgrounds and the proximity to Mt Rogers Nature Reserve offer ample opportunities for outdoor activities and quality family time. Overall, Fraser is a fantastic choice for those seeking a balanced lifestyle with a strong community feel and easy access to nature.

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  • Is it expensive to live in Fraser?

    Living in Fraser, a suburb of Canberra, can be considered relatively affordable, especially when compared to other suburbs in the ACT. While the current median house and unit prices are not available, the average rent for houses is around $740 per week. This rental cost is a significant consideration for anyone planning to move to the area.

    When comparing the median total household income in Fraser, which is approximately $2,618 per week, to the ACT's average annual wage of $95,000, residents in Fraser seem to earn a decent income. This suggests that the cost of renting a house in Fraser is manageable for those earning the average income in the ACT. However, it's important to note that the lack of data on property prices means potential buyers should conduct further research to understand the full scope of housing expenses in the area.

    Overall, Fraser offers a balance between income and rental costs, making it a viable option for those looking to live in the ACT without the high expenses associated with more central locations. If you're thinking of living in Fraser, it's essential to consider your income and lifestyle needs to ensure they align with the financial commitments of residing in 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 Fraser a good place to invest?

    Fraser is showing promising signs as a solid investment suburb, particularly for houses. Over the past year, the median house value in Fraser has increased by 9.8%, which is a strong indicator of demand and growth potential. This growth is complemented by a significant 12.1% rise in house rents, suggesting a robust rental market that can provide steady income for investors.

    While the unit market in Fraser has remained stable with no change in median values or rents over the last year, this stability can be appealing for those seeking a low-risk investment. However, the real opportunity seems to lie in the housing market, where both capital growth and rental yields are on the rise.

    Overall, Fraser offers a compelling investment opportunity, especially for those interested in houses. The combination of rising property values and rental income makes it an attractive option for investors looking to benefit from both capital appreciation and rental returns. With its stable unit market, Fraser also provides a balanced investment landscape for those seeking a mix of growth and security.

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Choose the right real estate agents in Fraser

There are 18 real estate agents in Fraser, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 53.6% of all sales in the past year.

Commission rates in Fraser typically range from 2.06% to 2.55%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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