Australian Capital Territory Mixed Suburbs

Overview

The ACT’s residential stock is concentrated in Canberra’s seven districts, each organized into town‑centres and suburbs built on a 99‑year leasehold model that is routinely extended, supplying a mix of owner‑occupied and rental units. This lease system, together with a historically stable housing market, helps keep rental options readily available.

As of 31 December 2021 the territory’s population was 453,324, the overwhelming majority residing in Canberra. The economy is heavily public‑sector driven, recorded a gross state product of $39.8 billion in 2017‑18 and achieved the nation’s fastest growth rate of 4 percent that year, buoyed by higher‑education and government services.