Australia’s residential property market is now valued at almost twelve trillion dollars. It is a reminder that housing sits at the centre of household wealth and national investment. When an asset class grows this large, policy settings, supply decisions and planning choices become more critical, not less.
The ACT Government has committed to releasing land for about 26,000 homes by 2030. The emphasis is on medium density and locations supported by transport and services. This signals a clear shift in Canberra’s planning priorities, with more focus on coordinated growth rather than spreading further out.
For market participants, it means future value will track closely with suburbs that benefit from this infrastructure aligned expansion.
A former school site in Curtin has sold for eighteen million dollars and will be transformed into Canberra’s first dementia care village. The project includes eleven cottages, ninety beds and integrated community amenities.
This matters because it demonstrates:
– genuine redevelopment of an inner Canberra site that would otherwise remain underused
– supply that responds to demographic reality, especially ageing population needs
– commitment to quality and community value, rather than simply more dwellings
It is the type of project that signals where Canberra planning is heading, and it reinforces why inner and middle ring suburbs remain tightly held.
Focus on suburbs where land release, redevelopment and transport investment overlap. Detached homes remain popular, but well designed medium density can offer better accessibility and long term resilience.
Assets near transport corridors or with redevelopment potential are well placed in the current cycle. Projects with a social or community purpose, such as senior living, are attracting stronger interest and competitive pricing.
The strongest outcomes occur when supply is connected to infrastructure and amenity. Canberra benefits most when redevelopment of well located land is prioritised ahead of pure greenfield expansion.
– ACT land release announcements
– development approvals for medium density and purpose built accommodation
– listing activity and price behaviour in suburbs tied to infrastructure upgrades
Real estate value does not appear by accident. It grows where supply, infrastructure and purpose are aligned. Canberra is steadily moving in that direction, and understanding these shifts early is an advantage for anyone buying, selling or developing.
If you want clarity on how these trends affect your suburb or your property decisions, our team can walk you through the detail with a measured, evidence based approach.