CANBERRA - NORTH SIDE VS SOUTH SIDE
Pretty much every city has a north / south or east / west divide . In the case of Canberra , it is definitely a case of north of Lake Burley Griffin versus south . From the outside looking in , both sides offer a high degree of livability . North has the light rail and great views from Mt Ainslie while south has Parliament House and the majority of galleries . As many parents know , south also has Questacon . Northside has slightly lower incomes but a much younger population . Southside is more expensive and people are a lot older .
In terms of price , Canberra ’ s south has more very expensive suburbs . Of the top 10 most expensive for houses , seven of them are located in South Canberra and there are no suburbs with medians over $ 2 million northside . Over the past 12 months , South Canberra also dominates the list of strongest house price growth suburbs - of the top 10 suburbs seeing the biggest jump in median house prices , eight of them are south side .
For units , things are a little different . Canberra ’ s north dominates the top 10 suburbs for price growth . The mix of the most expensive unit markets are also more evenly mixed between north and south .
Winner - north side - a younger population and not so expensive housing makes this area more vibrant but if you want price growth and prestige , head south .
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