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Gowrie suburb profile

Gowrie is a charming suburb located in the Tuggeranong district of Canberra, offering a peaceful and family-friendly environment. Known for its leafy streets and community-oriented atmosphere, Gowrie is an ideal place for families and individuals seeking a suburban lifestyle with easy access to urban amenities. The suburb features a local shopping centre, schools, and parks, providing convenience and recreational options for residents. Its proximity to major roads ensures seamless connectivity to the Canberra CBD and surrounding areas. With a mix of established homes and modern developments, Gowrie continues to be a desirable location for those looking to enjoy a balanced lifestyle.

Gowrie property market performance

Gowrie’s property market has shown a positive trend over the past 12 months, with house values increasing by 9.6%. The current median house price stands at $1.045 million, reflecting strong demand in the area. However, there has been no activity in the unit market, with no units sold or rented, indicating a lack of supply or demand for this property type.

In terms of sales activity, 21 houses have been sold over the past 12 months, with properties spending a median of 47 days on the market. This suggests a moderate pace of sales in the housing sector.

The rental market for houses in Gowrie has also seen growth, with average rents increasing by 5.0% over the last 12 months, reaching $740. The absence of unit rentals further highlights the focus on houses in this suburb.

HousesUnits
Median price
Past 3 months
$1.04MN/A
Change in value
Past 12 months
9.6%N/A
Sold
Past 3 months
21N/A
Median days on market
Past 12 months
47N/A
Average rent
Past 12 months
$740N/A
Change in rent
Past 12 months
5.0%N/A

5 year median price trend for houses and units

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Gowrie demographics

Gowrie, located in the southern suburbs of Canberra, is a family-friendly area known for its peaceful environment and community-oriented lifestyle. With a population of 3,140, it offers a suburban feel while still being conveniently close to the amenities of the city. The median age of 38 suggests a mature community, with many families and established professionals calling Gowrie home. The suburb's appeal to families is evident, with 46.6% of households being couple families with children, and a significant portion of 37.8% being couple families without children.

Housing in Gowrie is predominantly owner-occupied, with 35.2% of properties owned outright and 49.0% owned with a mortgage. This high rate of home ownership reflects the suburb's stability and attractiveness to long-term residents. Only 15.8% of properties are rented, indicating a strong preference for home ownership among the community. The median total household income of $2,674 per week is relatively high, suggesting a prosperous community with a comfortable standard of living.

The suburb's layout and amenities cater well to families, with parks, schools, and local shops providing convenience and a sense of community. Gowrie's low rental rate and high home ownership make it an appealing choice for those looking to settle down in a stable and welcoming environment. Its proximity to Canberra's city center, combined with its suburban charm, makes Gowrie a desirable location for those seeking a balanced lifestyle.

Gowrie infrastructure, key developments and investment opportunities

Gowrie maintains a steady community atmosphere with established amenities, supported by well-regarded schools including both public and Catholic primary options. The area benefits from nearby parks and large green spaces, contributing to a family-friendly environment and enhancing livability for residents[12].

There are no significant local infrastructure projects or recent council planning changes currently impacting the property market in Gowrie. Its existing transport links and proximity to shopping centres remain unchanged, resulting in stable market conditions and continuing appeal for families and professionals seeking a quiet suburban lifestyle[12].

Gowrie rental market trends

The rental market in Gowrie has experienced moderate growth, with house rents increasing by 5% over the past year to $740 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units for rent. Gowrie continues to attract interest due to its suburban charm and proximity to Canberra's amenities.

Suburbs near Gowrie

Some popular suburbs near Gowrie include:

How does Gowrie compare to nearby suburbs?

  • Median house prices: Gowrie’s median house price is 19.4% higher than Monash’s.
  • House price growth: Over the past 12 months, house prices in Gowrie have grown 8.5% higher than in Kambah.
  • Selling speed for houses: Properties in Gowrie are selling 17.5% faster than in Karabar.
  • House price growth: Over the past 12 months, house prices in Gowrie have grown 0.3% lower than the average rate of growth across Canberra.

Common questions about Gowrie

  • Is Gowrie a nice place to live?

    Gowrie is a delightful suburb that offers a serene and family-friendly environment, making it a wonderful place to call home. Nestled in the Tuggeranong district, it boasts a charming suburban vibe with its leafy streets and welcoming community spirit. Families will find Gowrie particularly appealing, thanks to its excellent schools, parks, and local shopping centre, which provide both convenience and recreational opportunities. The suburb's proximity to major roads ensures easy access to the Canberra CBD and surrounding areas, making it a practical choice for those who need to commute.

    Living in Gowrie means enjoying a peaceful lifestyle without sacrificing access to urban amenities. The suburb is known for its strong sense of community, where neighbors often come together for local events and activities. Safety is generally not a concern, contributing to its reputation as a secure and stable environment for families. While Gowrie may not offer the bustling nightlife of inner-city areas, it compensates with its tranquil atmosphere and the abundance of green spaces that invite outdoor activities and relaxation.

    For families, Gowrie presents an ideal setting with its mix of established homes and modern developments, catering to a variety of housing preferences. However, potential residents should consider that the suburb's quiet nature might not suit those seeking a more vibrant social scene. Despite this, Gowrie's balance of suburban charm and accessibility to city conveniences makes it a highly desirable location for families and individuals looking for a harmonious lifestyle. The trade-off of a quieter environment is well worth it for those who value community, safety, and a family-oriented atmosphere.

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  • Is it expensive to live in Gowrie?

    Living in Gowrie presents an interesting scenario when it comes to assessing the cost of living. With the median total household income sitting at $2,674 per week, this translates to an annual income of approximately $139,000, which is significantly higher than the ACT state average wage of $56,000 per year. This suggests that households in Gowrie generally have a higher earning capacity compared to the broader region.

    However, the current data on property prices and rental costs in Gowrie is not available, making it challenging to provide a detailed analysis of housing expenses. Despite this, the higher household income in the area implies that residents may have more financial flexibility when it comes to housing and other living costs.

    In summary, while specific housing costs in Gowrie are not detailed, the substantial household incomes suggest that residents are relatively well-positioned financially. If you are thinking of living in Gowrie, it would be wise to consider this income advantage as a potential offset to any unknown housing expenses that may arise 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 Gowrie a good place to invest?

    Gowrie presents a stable investment opportunity, particularly for those seeking steady, long-term growth rather than rapid gains. Over the past 12 months, the suburb has experienced a modest 2.0% increase in median house values, while unit values have remained stable. This suggests a level of resilience in the housing market, even amidst broader economic fluctuations. The lack of change in rental prices for both houses and units indicates a consistent demand, which can be appealing for investors looking for reliable rental income.

    While Gowrie may not be the hotspot for explosive growth, its steady performance makes it a low-risk choice for investors. The suburb's family-friendly environment and established community appeal to long-term residents, which can contribute to sustained demand for housing. Additionally, Gowrie's proximity to essential amenities and transport links enhances its attractiveness for both renters and buyers. Overall, Gowrie offers a balanced mix of stability and potential for gradual appreciation, making it a sound option for those looking to invest in a dependable market.

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Choose the right real estate agents in Gowrie

Currently, there are 46 real estate agents working in Gowrie—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 46 agents sold 23.6% of all properties in Gowrie 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 Gowrie typically charge a commission of 2.17% to 2.58%. 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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