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Canberra families concentrated in outer edges of Gungahlin and Tuggeranong

Canberra families concentrated in outer edges of Gungahlin and Tuggeranong

31 January 2018 Han Nguyen

Canberra families are being forced to the outer suburbs of Gungahlin, Tuggeranong and Belconnen, a new analysis of housing data suggests.

The report by property data and analysis company Core Logic found that the neighbouring suburbs of Bonner, Forde and Amaroo on the northern edge of Gungahlin are home to the highest proportion of households with children in Canberra. In those suburbs, 64 per cent or more of households are families with children, with Bonner topping the list, at 66 per cent.

Conder, Theodore and banks, in the far south of Tuggeranong, also have a high proportion of families with children, at 59 per cent, 58 per cent and 56 per cent respectively. The most distant suburb of Belconnen, Dunlop, is fifth on the list, where 58 per cent of households are made up of families with children.

The top 20 suburbs for families with children are all in Gungahlin (seven of the 20), Tuggeranong (nine), or Belconnen (four), and all except Crace are on the outer fringes of those suburbs.

The report was done for Aussie Home Loans, whose chief executive, James Symond, said families were attracted to the new housing in the outer regions, as well as the lower prices compared to areas closer to the city.

Of the top 20, Macgregor, in Belconnen, was the cheapest place to buy, with a median value for houses of $518,000, and an average block size of 562 square metres.

The median value in Bonner was $648,000 and the average block size 466 square metres.

The Tuggeranong suburbs in the top 20 all have much bigger house blocks than the Gungahlin suburbs, most of them well over 800 square metres. Average block sizes in Gungahlin are in many cases half the size.

In the wider Canberra region, Jerrabomberra and Googong were the most popular suburbs for families with children, with families also looking further afield to Bungendore, Murrumbateman and Wamboin.

In Jerrabomberra, 62 per cent of households are made up of families with children. The Median house value is $795,000 and the average block size 836 square metres. Googong has an average block size of 570 square metres and a median value of $741,000.

At Bungendore, families can take advantage of much bigger blocks, with an average of 1466 square metres, and a median value of $662,000.

Mr Symond said the lower prices and bigger blocks were key attractions for families.

"With Queanbeyan so close to the nation's capital and the many amenities it provides, it makes sense that Queanbeyan is so popular with families," Mr Symond said.

"Families are prepared to make sacrifices in terms of travel times to and from work to enjoy more space."

The report also showed that younger single people and couples were opting for higher density living closer to Canberra, trading off larger spaces for convenience, he said.

None of the Canberra or region suburbs make the national top 20, a list dominated by suburbs in Sydney's southwest and Blacktown areas, where well over 70 per cent of households are made up of families with children.

 

Source: canberratimes.com

Date: January, 30 2018