Harrison suburb profile
Harrison is a rapidly growing suburb located in the Gungahlin district of Canberra, ACT, known for its modern amenities and family-friendly atmosphere. Situated approximately 10km north of Canberra's city centre, Harrison offers a mix of contemporary housing options, including townhouses and detached homes. The suburb is well-served by public transport, with the light rail providing easy access to the city. Harrison boasts several parks, playgrounds, and schools, making it an attractive choice for families. Its proximity to Gungahlin Town Centre ensures residents have access to a wide range of shopping, dining, and recreational facilities, enhancing its appeal as a convenient and vibrant community.
Harrison property market performance
Current median dwelling price$721,000Past 3 months
Property growth+0.4%Past 12 months
Harrison's property market has shown stability and growth over the past 12 months. While the median house value has remained unchanged at $1.07 million, unit values have surged by 17.2%, bringing the median unit price to $503,000. This indicates a strong demand for units in the area.
Sales activity has been balanced, with 18 houses and 18 units sold in the past three months. Houses are selling faster, with a median of 41 days on the market, compared to 56 days for units, suggesting a more competitive market for houses.
In the rental market, house rents have remained steady over the last 12 months, while unit rents have increased by 5.8%, reflecting a growing demand for rental units in Harrison.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $1.02M | $422K |
Change in value Past 12 months | -5.5% | 6.3% |
Sold Past 3 months | 14 | 15 |
Median days on market Past 12 months | 41 | 57 |
Average rent Past 12 months | $720 | $550 |
Change in rent Past 12 months | 7.5% | 5.8% |
5 year median price trend for houses and units
Harrison demographics
Harrison, located in the northern suburbs of Canberra, is a rapidly growing area known for its family-friendly environment and modern amenities. With a population of 8,244 and a median age of 31, it is a youthful suburb that attracts young families and professionals. The suburb's proximity to the Gungahlin Town Centre and easy access to the Canberra CBD make it a convenient location for those seeking a balance between work and leisure.
The housing landscape in Harrison is diverse, with a significant portion of properties being rented, accounting for 46.3% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to both young professionals and families. Additionally, 42.8% of properties are owned with a mortgage, reflecting a strong presence of new homeowners and families looking to establish roots in the area.
Family dynamics in Harrison are prominent, with 54.5% of households being couple families with children, highlighting its appeal to those seeking a community-oriented lifestyle. The suburb also accommodates a variety of family structures, including couple families without children (32.0%) and one-parent families (12.0%). With its modern infrastructure, parks, and schools, Harrison offers a vibrant and supportive environment for families and individuals alike.
Harrison infrastructure, key developments and investment opportunities
Harrison continues to benefit from its established connectivity, with the Light Rail along Flemington Road providing residents direct and frequent access to the Gungahlin Town Centre and central Canberra, enhancing commuter convenience and supporting property demand in the area. The suburb’s proximity to a range of reputable schools and educational facilities, alongside amenity-rich neighbouring areas such as Gungahlin and Franklin, is attractive to families and professionals.
No major new infrastructure or redevelopment projects have been reported recently, but strong public transport links and access to parks and community amenities underpin ongoing livability. Buyers and investors remain attracted to Harrison for its balanced urban environment, walkability, and seamless integration with Canberra’s wider transport network, which continues to positively influence the suburb’s property market outlook.
Harrison rental market trends
The rental market in Harrison has shown stability, with house rents remaining unchanged at $690 per week over the past year, while unit rents have experienced a modest increase of 5.8% to $550 per week. This steady growth in unit rents, coupled with the suburb's appealing amenities and community atmosphere, makes Harrison an attractive option for renters seeking a balanced lifestyle.
Suburbs near Harrison
Some popular suburbs near Harrison include:
How does Harrison compare to nearby suburbs?
- Median house prices: Harrison’s median house price is 3.0% higher than Amaroo’s.
- Median unit prices: Harrison’s median unit price is 14.7% lower than Belconnen’s.
- House price growth: Property prices in nearby Amaroo have risen 8.4% more than in Harrison over the past year.
- Unit price growth: Over the past 12 months, unit prices in Harrison have grown 16.3% higher than in Casey.
- Selling speed for houses: Properties in Harrison are selling 42.3% faster than in Amaroo.
- Selling speed for units: Properties in Harrison are selling 35.2% faster than in Nicholls.
- Investment considerations: In Harrison, the rental yield for house is 1.8% higher than the Canberra average, while the rental yield for units is 0.9% lower.
- House price growth: Over the past 12 months, house prices in Harrison have grown 6.4% lower than the average rate of growth across Canberra.
- Unit price growth:Over the past 12 months, unit prices in Harrison have grown 8.7% lower than the average rate of growth for units across Canberra.

