Tralee
Suburb profile, market snapshot and recent listings for Tralee, NSW 2620.
About Tralee
Welcome to Tralee
Tralee is one of Canberra's newest residential releases, part of the broader Molonglo Valley growth corridor on the ACT's southern fringe, close to the NSW border towns of Jerrabomberra and Googong. Sitting near established areas like Hume, Gilmore, Macarthur and Fadden, it occupies a semi-rural pocket that's rapidly filling in with new housing estates, making it a suburb defined as much by what's being built as by what's already there.
With a median resident age of 32, Tralee has quickly become a magnet for young families and first-home buyers drawn to new-build living, larger blocks than you'd find closer to the city, and a sense of space that's increasingly rare in Canberra's established suburbs. It suits buyers who want a fresh start in a growing community rather than the character and shade trees of an older neighbourhood.
Housing & architecture
Tralee's housing stock is almost entirely new. Current listings show houses make up around 80% of the market, with land releases accounting for roughly 9%, and apartments, units and townhouses filling out the remainder at about 6% each. Expect contemporary designs on standard suburban blocks, double garages, and the kind of energy-efficient specifications typical of recent ACT land releases, rather than the brick-veneer streetscapes found in older Canberra suburbs nearby.
Because the suburb is still being built out, buyers can choose between house-and-land packages, vacant blocks for custom builds, or a smaller pool of completed townhouses and units for those wanting a lower-maintenance option. It's a landscape still taking shape, with construction activity a visible part of daily life for now.
The property market
Tralee's median house price sits at $995,000, with recent growth of 3.6% suggesting steady, if measured, demand as the estate matures. Median rent is $800 a week, a figure that reflects strong interest from tenants wanting new homes in a growing area, even before all the local amenity that typically follows a new suburb has fully landed.
For buyers, the appeal lies in getting into a new-build market at a relatively accessible price point compared with established inner-south Canberra suburbs, while still being within easy reach of Tuggeranong, Woden and the Jerrabomberra shops just across the border in NSW. Investors are likely watching the suburb's trajectory closely, given its position within one of Canberra's key growth corridors.
Getting around
Tralee is well placed for drivers, with links to the Monaro Highway giving relatively quick access to both the Tuggeranong town centre and, in the other direction, into Canberra's parliamentary triangle and the city. Neighbouring Hume's industrial and freight precinct sits close by, useful for those working in logistics or trades, while Jerrabomberra and Queanbeyan across the NSW border offer additional shopping and services within a short drive.
As with many new-release suburbs, public transport is still catching up with residential growth, so most households currently rely on cars for commuting and school runs, with bus services expected to expand as the population grows.
Lifestyle & dining
Dining and café culture within Tralee itself is still emerging, but residents don't have far to look. Jerrabomberra's village centre and the established shopping and hospitality strips around Fadden and Macarthur are all a short drive away, offering everything from cafés and takeaway to supermarkets and specialty stores. For a bigger night out or weekend browse, Tuggeranong's town centre is within easy reach.
The lifestyle here is very much about space and a slower pace, with the semi-rural surrounds of the Molonglo Valley offering a quieter alternative to inner-city living, appealing to those who prioritise a new home and a developing community over established café strips.
Schools & families
With a median age of 32, Tralee is shaping up as a family-oriented suburb, and its location puts it within reach of schooling options in Gilmore, Macarthur and Fadden, as well as the broader Tuggeranong Valley network of primary and high schools. As the area's population grows, additional local school infrastructure is a common feature of new Canberra suburbs at this stage of development, so families moving in now are effectively getting in early.
Parks, playgrounds and community facilities are being progressively rolled out alongside the housing, in keeping with the ACT government's staged approach to new suburb development.
Market snapshot
Tralee property market
Median sale price
$995k
House · 4 bed
Median rent
$800
per week
Gross rental yield
4.2%
annual rent ÷ sale price
Typical price range
Entry
$481k
Median
$995k
Premium
$1.29m
Days on market
113
Auction clearance
0%
Sold this year
38
Median sold price trend · House 4 bed
Compound growth +25.2% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Tralee by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Tralee, NSW 2620.
Population
0
residents (2021)
Median age
32
years
Household income
$900
median, per week
Median rent
$300
per week
Median mortgage
$0
per month
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Tralee
$1.15m
20 Wiry Dock Road
Sold ~July 2026
$840k
32 Storksbill Terrace
Sold ~July 2026
$1.17m
34 Alpine Ash Way
Sold ~July 2026
$1.03m
84 Oxalis Crescent
Sold ~July 2026
$1.25m
12 Speargrass Road
Sold ~July 2026
$515k
33 Appleberry Road
Sold ~June 2026
$1.10m
22 Wiry Dock Road
Sold ~June 2026
$790k
26 Violet Terrace
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 Tralee
Compare the area
Price map around Tralee
Every listing for sale near Tralee, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Tralee suburb FAQ
What is the median property price in Tralee?
The median house price in Tralee, NSW is $995k for a 4-bedroom home. Over the past year, median sold prices have risen about 3.6%.
How much is rent in Tralee?
The median weekly rent in Tralee is around $800 per week.
How long do homes take to sell in Tralee?
Properties in Tralee take around 113 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Tralee?
Entry-level properties in Tralee start around $481k, while premium homes reach $1.29m.
What suburbs are near Tralee?
Suburbs near Tralee include Hume, Gilmore, Jerrabomberra, Macarthur and Fadden.
Available now
Properties in Tralee
The "Ruby" package - Spacious Family Living Siding onto a reserve - 384m2 land
The "Onyx" package - 4 Bedrooms and 3 full Bathrooms - House & Land from $934,000
Hillgrove 234 - Defined by You. $10,000 To Spend Your Way
