Canberra's housing market can expect to maintain its million-dollar median over the next financial year, as house prices move into recovery following a turbulent 12 months for the capital.
The Domain Forecast Report FY24 predicts house prices in the ACT will grow by between 2 and 4 per cent in the next financial year, resulting in a median house price of between $1.058 million and $1.079 million.
These figures are in line with nationally predicted trends, with every other capital city expecting to see positive house price gains along with Canberra.
