Wright
Suburb profile, market snapshot and recent listings for Wright, ACT 2611.
About Wright
Welcome to Wright
Wright is one of Canberra's newer suburbs, part of the Molonglo Valley development in the capital's inner-west, a short drive from Woden and roughly 15 minutes from the Parliamentary Triangle. Bordered by Coombs, Holder, Weston, Rivett and Duffy, it sits at the edge of established Weston Creek, giving residents the feel of a fresh, purpose-built community while still being close to older shops, ovals and services.
With a population of just 3,808 and a median age of 32, Wright is young, still growing, and attracting a mix of first-home buyers, downsizers and renters drawn to its contemporary housing stock and proximity to Stromlo Forest Park. It suits people who want low-maintenance, modern living without giving up quick access to bushland and the wider Weston Creek network of parks and reserves.
Housing & architecture
Wright's housing stock reflects its status as one of Canberra's youngest suburbs, with contemporary townhouses, terrace-style homes and low-rise apartment buildings dominating the streetscape. Current listings show apartments and units make up the majority of the market at 56%, followed by houses at 27% and townhouses at 16%, so buyers have a genuine choice between compact apartment living and more traditional detached homes on smaller, efficient blocks.
Architecturally, the suburb favours clean, modern lines and higher-density design, a deliberate contrast to the larger blocks and older brick homes found in neighbouring Weston, Rivett and Holder. This makes Wright a natural fit for those after low-maintenance living close to green space, rather than a large traditional backyard.
The property market
Wright's median house price currently sits at $690,000, with units and apartments considerably more affordable at a median of $537,000. Median rent across the suburb is $700 per week, reflecting steady rental demand from the area's younger demographic and its proximity to Woden's employment hub.
Recent figures show house prices have pulled back by 14.8%, a meaningful correction that may present an opening for buyers who have been priced out of neighbouring, more established suburbs like Weston or Duffy. Given the suburb is still maturing and development in the broader Molonglo Valley continues, Wright remains a market worth watching for those comfortable buying into a newer, evolving area.
Getting around
Wright is well placed for commuters heading into Woden and the city, with Cotter Road and the Molonglo Valley road network providing direct links to Weston Creek's town centre and on to Woden Town Centre, one of Canberra's key employment and transport interchanges. Local bus routes connect Wright to surrounding suburbs including Coombs, Holder and Rivett, as well as to Woden for onward services.
Cyclists and walkers benefit from Wright's proximity to Stromlo Forest Park, with its network of trails linking through to the Molonglo River corridor, making it easy to get around the immediate area without a car, even if most residents will still find a vehicle useful for reaching the city and other parts of Canberra.
Schools & families
Families in Wright have access to Stromlo Forest Anglican College, located in the suburb and offering local schooling without the need to travel into Weston Creek's older established schools. The suburb's young median age of 32 points to a strong proportion of families and young professionals, and the ongoing development of community facilities across Coombs and Wright continues to add to the area's appeal for those with children.
Parks & recreation
Wright's standout drawcard is its proximity to Stromlo Forest Park, a major recreation destination offering mountain biking trails, a BMX track, athletics facilities and bushland walks, all just minutes from home. The Molonglo River corridor also runs nearby, providing further options for walking and cycling away from the suburb's residential streets.
Within the suburb itself, newer pocket parks and open spaces are gradually being established as part of the broader Molonglo Valley plan, complementing the more established recreational facilities found in neighbouring Weston Creek suburbs like Weston and Holder.
Market snapshot
Wright property market
Median sale price
$690k
House · 3 bed
Median rent
$700
per week
Gross rental yield
5.3%
annual rent ÷ sale price
Typical price range
Entry
$640k
Median
$690k
Premium
$1.28m
Days on market
56
Auction clearance
50%
Sold this year
23
Median sold price trend · House 3 bed
Compound growth -0.1% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Wright by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Wright, ACT 2611.
Population
3,808
residents (2021)
Median age
32
years
Household income
$2,559
median, per week
Median rent
$461
per week
Median mortgage
$1,950
per month
Mortgage / income
18%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Wright
Independent & Catholic schools
Stromlo Forest Anglican College
Recent results
Recently sold in Wright
$369k
30/566 Cotter Road
Sold ~July 2026
$591k
504/76 Steve Irwin Avenue
Sold ~July 2026
$683k
102/76 Steve Irwin Avenue
Sold ~July 2026
$1.15m
18 Lindsay Pryor Street
Sold ~July 2026
$475k
37/60 Tishler Street
Sold ~July 2026
$1m
27 David Fleay Street
Sold ~June 2026
$389k
42/566 Cotter Road
Sold ~June 2026
$520k
20/40 Philip Hodgins 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 Wright
Compare the area
Price map around Wright
Every listing for sale near Wright, 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
Wright suburb FAQ
What is the median property price in Wright?
The median unit price in Wright, ACT is $537k for a 2-bedroom home. Over the past year, median sold prices have risen about 4.0%.
How much is rent in Wright?
The median weekly rent in Wright is around $590 per week.
Is Wright a good place to live?
Wright is a suburb in the Molonglo Valley district of Canberra, located within the Australian Capital Territory, Australia. Wright is an established residential suburb in ACT, with a population of around 3,808 and 1 school in the area.
What is the population of Wright?
Wright has a population of 3,808 (ABS 2021 Census), with a median age of 32.
What schools are in Wright?
There is 1 school in or near Wright, including Stromlo Forest Anglican College.
How long do homes take to sell in Wright?
Properties in Wright take around 48 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Wright?
Entry-level properties in Wright start around $386k, while premium homes reach $650k.
What suburbs are near Wright?
Suburbs near Wright include Coombs, Holder, Weston, Rivett and Duffy.
Fresh to market
New this week in Wright
The Wright Place to Begin!
Spacious Living, Premium Finishes & Parkside Position
Superb Townhouse of Style & Functionality
Available now