ACT · 2601

City

Suburb profile, market snapshot and recent listings for City, ACT 2601.

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 price ranks #3,474 of 3,797 suburbs · pricier than 9%
Bedrooms

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

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$450k

704/2 Marcus Clarke Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$849k

907/240 Bunda Street

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$460k

7/3 Gordon Street

apartment1 bd · 1 ba · 1 car

Sold ~July 2026

$680k

52/15 Coranderrk Street

apartment2 bd · 2 ba · 2 car

Sold ~July 2026

$1.10m

808/19 Marcus Clarke Street

apartment3 bd · 2 ba · 2 car

Sold ~July 2026

$320k

509/2 Akuna Street

apartment1 bd · 1 car

Sold ~June 2026

$400k

67/15 Coranderrk Street

apartment1 bd · 1 car

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

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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.

CheaperPricier
CityNearby suburbs

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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.

Available now

Properties in City

View all listings →
Image 1
NewFor Sale
$660,000
apartment

2 Bedroom Residence with Panoramic City View at Prime Location

57/45 West Row, City ACT 2601
221
Linc Property Group6 days ago
Ask AI about this property
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For Sale
$629,000
apartment

Luxurious residence in the heart of the City

103/20 Allara Street, City ACT 2601
221
Block Real Estate3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$639k–$649k
apartment

Location, Views and Design - Highgate Canberra City

163/264 City Walk, City ACT 2601
22175 m²
Dovers & Co Property Services Pty Ltd3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$375,000
apartment

5th floor investment with lake views.

25 Edinburgh Avenue, City ACT 2601
11146 m²
Blackshaw Queanbeyan & Jerrabomberra3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
By Negotiation
apartment
StMate est. ~$520k

Executive Inner-City Living at Its Finest

602/222 City Walk, City ACT 2601
11169 m²
LJ Hooker Manuka3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$718,000
apartment

Iconic Inner-City Fully Furnished 1 Bedroom with Stunning Views

1212/25 Edinburgh Avenue, City ACT 2601
111
Berkely Residential1 week ago
Ask AI about this property
Image 1
Image 2
For Sale
$625,000
apartment

Elevated Inner-City Living

53/45 West Row, City ACT 2601
22178 m²
Momentum Property1 week ago
Ask AI about this property
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NewFor Sale
$445,000
apartment

Someday You'll Live in the Middle of It All

21/260 City Walk, City ACT 2601
11158 m²
Someday PropertyYesterday
Ask AI about this property
Image 1
Image 2
For Sale
$479,000
apartment

City Living at its Best!

824/240 Bunda Street, City ACT 2601
11173 m²
Hive Property3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$639,000
apartment

Why not you? Why not now?

1202/25 Edinburgh Avenue, City ACT 2601
21177 m²
Crowthers3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$585,000
apartment

Tranquil Elegance in the Heart of the City

123/264 City Walk, City ACT 2601
221
Ray White Canberra3 months ago
Ask AI about this property
Image 1
Image 2
For Sale
By Negotiation
apartment
StMate est. ~$450k

The Brief: Motivated Seller

11/15 Coranderrk Street, City ACT 2601
111
Area Specialist - ACT3 months ago
Ask AI about this property