Question 1

Is Turner a nice place to live?

Accepted Answer

Turner is an inner-north Canberra suburb just north of the city centre, with tree-lined streets and a mix of interwar cottages, modest freestanding homes and low-rise apartment blocks. Residents use Haig Park and a string of small neighbourhood reserves, and the light rail plus major bus routes along Northbourne Avenue make the city, Braddon’s café and dining strip and the ANU easily reachable. Small pockets of more recent apartments sit beside traditional garden blocks, and the area keeps a quietly residential character that attracts professionals, students and downsizers who value walkable amenities and green space.

The community is weighted towards couple households, and Turner has a median age of 31 and about 4,470 residents. Renting is the most common form of tenure, and the suburb is also the location of the ACT government’s first dedicated build-to-rent land release, which includes a requirement for a proportion of affordable rentals. Whether Turner suits you will come down to whether that mix of close-in convenience, green spaces and a strong rental market matches what you want.

Question 2

Is it expensive to live in Turner?

Accepted Answer

On the figures for Turner, renting and buying show different outcomes against local incomes at the last Census. A unit price of $656,250 works out to about 5.4 times a typical local annual household income at the last Census, which sits somewhat above what households earned then.

Looking at rents, a house renting for $830 a week would take about 35.7% of a typical local household's weekly income at the last Census, a sizeable share, while a unit at $580 a week would take about 24.9%, a moderate share. If you're primarily interested in renting rather than buying, those rent shares are the most directly relevant figures.

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 Turner a good place to invest?

Accepted Answer

The standout movement in Turner over the past 12 months is house values, which climbed 31.2%, a strong rise in what houses are worth. Unit values also rose, up 6.7%, a solid gain. House rents edged down 1.2% over the year, so on the house side the figures show capital growth outpacing rental income for this period. Whether that balance suits your investing goals depends on your own circumstances and what you want from a property.

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	N/A	$656K
Change in value Past 12 months	31.2%	6.7%
Sold Past 3 months	5	30
Median days on market Past 12 months	76	62
Average rent Past 12 months	$830	$580
Change in rent Past 12 months	-1.2%	N/A

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