City
Suburb profile, market snapshot and recent listings for City, ACT 2601.
About City
Welcome to City
Sitting right at the heart of the national capital, City (often referred to simply as Civic) is Canberra's commercial and cultural core. It's bordered by Reid, Acton, Turner and Braddon, and sits within the broader Canberra area, making it the natural hub that much of the rest of the city organises itself around.
With a population of 4,835 and a median age of just 27, City has a distinctly young, energetic feel. It suits people who want to be in the thick of things — students, professionals working nearby, and anyone drawn to apartment living with cafes, bars and public transport on the doorstep rather than a backyard.
Lifestyle & dining
Life in City revolves around Canberra's main retail and hospitality precinct, where laneways and arcades pack in cafes, restaurants and bars alongside larger civic institutions. It's a part of town that fills up on weeknights as much as weekends, with a steady flow of office workers, students and residents from neighbouring Braddon and Turner adding to the buzz.
Braddon in particular has become known for its own strip of restaurants and boutique bars, and it's an easy walk from City, effectively extending the suburb's dining scene. Acton, home to the Australian National University, adds a youthful, campus-town energy to the mix as well.
Shopping
City is Canberra's principal shopping district, anchored by major retail centres and a mix of department stores, specialty boutiques and everyday services all within walking distance of most apartment blocks. Whatever isn't found here is usually just a short trip away in Braddon or the surrounding town centres, making day-to-day errands genuinely car-free for most residents.
Getting around
As the transport hub of Canberra, City offers some of the best connectivity in the ACT. Light rail links the area north to Gungahlin, and an extensive bus network fans out from the interchange to suburbs across the city, including quick connections to Reid, Turner, Acton and Braddon. Its central position also means many residents find they can walk or cycle to work, particularly those employed in the surrounding government and commercial precincts.
For those who do drive, City's road network feeds directly into Canberra's main arterial routes, though as with any dense urban core, parking is more limited than in outer suburbs.
Parks & recreation
While City itself is built-up, green space is never far away. Lake Burley Griffin and its surrounding parkland are within easy reach, and the leafy grounds of ANU in neighbouring Acton offer plenty of room for walking, running or simply escaping the urban pace. Reid's tree-lined streets and heritage gardens are also just around the corner.
The property market
Housing in City is almost exclusively vertical living, with current listings showing 100% of stock as apartments or units — there's essentially no detached housing market here. The median unit price sits at $470,000, reflecting the suburb's appeal to owner-occupiers wanting low-maintenance, well-located living as well as investors drawn to strong rental demand from students and young professionals.
With a median resident age of 27, the buyer and tenant pool leans heavily towards this demographic, and stock tends to range from compact studios to larger apartments in the newer developments that have reshaped the skyline over recent years. Buyers comparing options often look at similarly apartment-dominated pockets of Braddon or Turner, though City's unmatched proximity to transport, retail and employment continues to set it apart.
Market snapshot
City property market
Median sale price
$470k
Unit · 1 bed
Median rent
$560
per week
Gross rental yield
6.2%
annual rent ÷ sale price
Typical price range
Entry
$262k
Median
$470k
Premium
$660k
Days on market
81
Auction clearance
0%
Sold this year
77
Median sold price trend · Unit 1 bed
Compound growth -0.5% / yr over 4 yrs
Median price by bedrooms · Unit
Who lives here
Demographics
ABS Census 2021 figures for City, ACT 2601.
Population
4,835
residents (2021)
Median age
27
years
Household income
$2,232
median, per week
Median rent
$550
per week
Median mortgage
$1,950
per month
Mortgage / income
20%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in City
$730k
83/45 West Row Street
Sold ~July 2026
$450k
704/2 Marcus Clarke Street
Sold ~July 2026
$849k
907/240 Bunda Street
Sold ~July 2026
$460k
7/3 Gordon Street
Sold ~July 2026
$680k
52/15 Coranderrk Street
Sold ~July 2026
$1.10m
808/19 Marcus Clarke Street
Sold ~July 2026
$320k
509/2 Akuna Street
Sold ~June 2026
$400k
67/15 Coranderrk Street
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in City
Compare the area
Price map around City
Every listing for sale near City, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
City suburb FAQ
What is the median property price in City?
The median unit price in City, ACT is $470k for a 1-bedroom home. Over the past year, median sold prices have fallen about 2.3%.
How much is rent in City?
The median weekly rent in City is around $560 per week.
Is City a good place to live?
Civic is the city centre or central business district of Canberra. City is an established residential suburb in ACT, with a population of around 4,835.
What is the population of City?
City has a population of 4,835 (ABS 2021 Census), with a median age of 27.
How long do homes take to sell in City?
Properties in City take around 81 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in City?
Entry-level properties in City start around $262k, while premium homes reach $660k.
What suburbs are near City?
Suburbs near City include Canberra, Reid, Acton, Turner and Braddon.
Fresh to market
New this week in City
Someday You'll Live in the Middle of It All
2 Bedroom Residence with Panoramic City View at Prime Location
Available now