Question 1

Is Ngunnawal a nice place to live?

Accepted Answer

Ngunnawal is a residential suburb in Canberra’s Gungahlin district with a planned, family-focused character. It has mostly modern detached homes and pockets of townhouses, tree-lined streets, pocket parks and playgrounds that encourage outdoor activity. The suburb is home to 10,957 people with a median age of 34, and households are largely family-based, led by couple families with children.

Everyday life links into nearby Gungahlin Town Centre for shopping, cafes and services, while local pathways and reserves connect into broader open space and the surrounding hills. Ngunnawal is well serviced by bus routes and the Gungahlin light rail corridor, and there are planned upgrades to the neighbourhood oval to support organised sport. A refreshed, fully fenced playground now includes inclusive equipment, nature-play elements, seating and shade. That combination tends to suit families and people wanting suburban convenience close to urban facilities.

Question 2

Is it expensive to live in Ngunnawal?

Accepted Answer

In Ngunnawal 2913, house rent of $643 a week would take about 29% of a typical local household's weekly income as recorded at the last Census. The median house price of $810,250 works out to roughly seven times a typical local annual household income at the last Census (810,250 ÷ (2,219 × 52) ? 7.0).

On these figures, renting looks more manageable for a typical local household at the last Census, while buying sits well above local annual incomes. Whether that feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Ngunnawal a good place to invest?

Accepted Answer

House values in Ngunnawal rose 8.4% over the past 12 months, a solid increase, and house rents increased 7.2% in the same period, also a solid rise. That means, over the year, capital growth for houses has edged ahead of the rental income those houses earn. If you are weighing Ngunnawal as an investment, these are the two figures most directly relevant to capital growth versus rental income, and whether that balance suits you depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$810K	N/A
Change in value Past 12 months	8.4%	N/A
Sold Past 3 months	63	N/A
Median days on market Past 12 months	33	N/A
Average rent Past 12 months	$643	N/A
Change in rent Past 12 months	7.2%	N/A

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