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Googong suburb profile

Googong is a rapidly growing suburb located in New South Wales, just a short drive from Canberra. Known for its modern residential developments and family-friendly atmosphere, Googong offers a blend of urban convenience and natural beauty. The suburb features a range of amenities including schools, parks, and shopping facilities, making it an attractive option for families and professionals. With its commitment to sustainable living and community-focused planning, Googong provides a vibrant and inclusive environment. Its proximity to the nation's capital adds to its appeal, offering residents easy access to Canberra's employment and cultural opportunities.

Googong property market performance

Current median dwelling price$827,500Past 3 months

Googong’s property market has experienced varied growth in the past year, with house values increasing by 8.4% and unit values remaining stable. The current median prices sit at approximately $1.1 million for houses and $560,000 for units, indicating solid demand for homes in the region.

Over the last 12 months, there have been 66 house sales and 11 unit sales. Houses are taking slightly longer on the market, with a median of 70 days compared to 64 days for units, suggesting a relatively balanced demand across property types.

The rental market in Googong has shown distinct trends over the past year, with house rents increasing modestly by 1.3%, whereas unit rents have surged by 10.3%, highlighting a strong preference for rental units.

HousesUnits
Median price
Past 3 months
$1.09M$560K
Change in value
Past 12 months
8.4%N/A
Sold
Past 3 months
6611
Median days on market
Past 12 months
7064
Average rent
Past 12 months
$800$590
Change in rent
Past 12 months
1.3%10.3%

5 year median price trend for houses and units

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Googong demographics

Googong, located in New South Wales, is a rapidly growing suburb known for its family-friendly environment and modern amenities. With a population of 7,444 and a median age of 32, it is a youthful community that attracts young families and professionals seeking a balanced lifestyle. The suburb's high median total household income of $3,371 per week reflects its affluent nature and the economic opportunities available in the area.

The family-oriented nature of Googong is evident, with 60.4% of households being couple families with children, and 30.7% being couple families without children. This demographic composition highlights the suburb's appeal to families looking for a supportive community with ample recreational and educational facilities. The presence of one-parent families, making up 8.4% of the population, adds to the diversity and inclusivity of the community.

In terms of property ownership, a significant 69% of homes are owned with a mortgage, indicating a strong investment in the area by residents. Only 12.6% of properties are owned outright, while 18.4% are rented, suggesting a stable housing market with opportunities for both homebuyers and renters. Googong's modern infrastructure, combined with its scenic surroundings and proximity to Canberra, makes it an attractive option for those seeking a suburban lifestyle with urban conveniences.

Googong infrastructure, key developments and investment opportunities

Googong continues to transition from a master-planned new town into a more established community, with population expected to grow from around 7,000 residents to more than 18,000 over time.[3] This growth is underpinning ongoing residential, retail and community development across its planned neighbourhoods, which is likely to support housing demand and gradually expand local amenity.[3] Proximity to major employment and education hubs in Queanbeyan and Canberra, both within a roughly 30-minute drive, remains a key drawcard for buyers seeking a newer estate lifestyle with commuter access to the capital.[3]

A major driver for future family demand is the planned new public high school for Googong, which is scheduled to open in Day 1, Term 1, 2027 and is being designed to cater for the area’s fast-growing population.[7] As this school progresses through planning and construction, it is expected to enhance the suburb’s education offering, reduce the need for students to travel to neighbouring areas, and further improve Googong’s appeal to owner-occupiers and long-term investors.

Googong rental market trends

The rental market in Googong has shown mixed growth, with house rents experiencing a modest increase of 1.3% over the past year to $800 per week, while unit rents have climbed 10.3% to $590 per week. As a developing suburb, Googong benefits from ongoing infrastructure enhancements, making it an attractive option for both renters and investors seeking potential growth.

Suburbs near Googong

Some popular suburbs near Googong include:

  • Jerrabomberra: Known for its family-friendly atmosphere and scenic landscapes, Jerrabomberra is located to the northwest of Googong.
  • Karabar: Offering a mix of residential and commercial areas with a strong community feel, Karabar is situated to the north of Googong.
  • Queanbeyan West: Known for its suburban charm and proximity to amenities, Queanbeyan West lies to the north of Googong.
  • Queanbeyan: Featuring a vibrant town center and rich history, Queanbeyan is located to the north of Googong.
  • Greenleigh: Known for its spacious properties and tranquil environment, Greenleigh is situated to the north of Googong.

How does Googong compare to nearby suburbs?

  • Median house prices: Googong’s median house price is 35.2% higher than Karabar’s.
  • Median unit prices: Googong’s median unit price is 44.0% higher than Queanbeyan’s.
  • House price growth: Over the past 12 months, house prices in Googong have grown 7.5% higher than in Jerrabomberra.
  • Selling speed for houses: Properties in Googong are selling 37.5% faster than in Greenleigh.
  • Selling speed for units: Properties in nearby Queanbeyan are selling 15.6% faster than in Googong.

Common questions about Googong

  • Is Googong a nice place to live?

    Googong is a delightful suburb that offers a charming blend of modern living and natural beauty, making it a fantastic place to call home. Its family-friendly atmosphere is complemented by a strong sense of community, making it particularly appealing to families and professionals alike. The suburb is known for its vibrant and inclusive environment, with a focus on sustainable living and community-focused planning. Residents enjoy the convenience of local amenities such as schools, parks, and shopping facilities, all set against the backdrop of scenic surroundings.

    Safety is generally not a major concern in Googong, contributing to its appeal as a peaceful and secure place to live. The suburb's proximity to Canberra provides easy access to employment and cultural opportunities, enhancing its livability for those who commute to the city. While Googong offers a suburban lifestyle with urban conveniences, it does come with a few trade-offs. As a rapidly growing area, residents may experience ongoing development and construction, which can be both a sign of progress and a temporary inconvenience.

    For families, Googong is particularly attractive due to its supportive community and ample recreational and educational facilities. The planned new public high school is set to further enhance the suburb's education offerings, reducing the need for students to travel to neighboring areas. While the suburb may not have the bustling nightlife of a city center, it compensates with its strong community spirit and the promise of a balanced lifestyle. Overall, Googong is a wonderful choice for those seeking a modern, family-oriented suburb with a touch of tranquility and easy access to urban amenities.

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  • Is it expensive to live in Googong?

    Living in Googong can be quite costly, especially when compared to the average wage in New South Wales. With a median house price of $1,095,000 and a median unit price of $560,000, property prices in Googong are on the higher side. Renting isn't much cheaper either, with the average rent for houses sitting at $800 per week and units at $590 per week. These figures suggest that housing costs in Googong are significant.

    The average annual wage in Googong is around $126,000, which is relatively high compared to the state average. However, even with this above-average income, the cost of housing can take up a large portion of one's earnings. The median total household income weekly is $3,371, which indicates that while many residents earn well, the high property prices and rental costs can still make living in Googong expensive.

    Overall, if you are thinking of living in Googong, it's essential to consider the financial implications. The suburb offers a desirable lifestyle, but the cost of living, particularly in terms of housing, is something to be mindful of when planning your move.

    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 Googong a good place to invest?

    Googong is showing promising signs as a potential investment hotspot, particularly for those interested in the housing market. Over the past year, the suburb has experienced an impressive 8.4% increase in median house values, indicating strong demand and potential for capital growth. This upward trend suggests that the area is becoming increasingly desirable, possibly due to its appealing lifestyle or proximity to key amenities.

    While the median unit values have remained stable over the last 12 months, the rental market for units has seen a significant 10.3% increase. This suggests a growing demand for rental properties, which could be attractive for investors seeking reliable rental income. The rise in unit rents might indicate a shift in preference towards more affordable living options, or it could reflect an influx of renters looking for a foothold in the area.

    Overall, Googong presents a balanced investment opportunity. The strong growth in house values coupled with the robust rental demand for units makes it an appealing choice for investors looking to diversify their portfolio. While houses offer potential for capital appreciation, units provide a solid rental yield, making Googong a suburb worth considering for both seasoned and new investors.

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Choose the right real estate agents in Googong

There are 63 real estate agents in Googong, 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 53.3% of all sales in the past year.

Commission rates in Googong typically range from 2% to 3%. 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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