Sell Your Own Home Canberra
About Canberra
Australia and the ACT’s capital city, Canberra has a strong economy and a low unemployment rate. With a population of 403,468, it’s our largest inland city and the eighth-largest city overall.
Compared to the national averages, Canberra’s unemployment rate is lower and the average income higher; tertiary education levels are higher, and the population is younger.
Property prices are often relatively high due to comparatively restrictive development regulations.
Traditional agent commissions in Canberra
Agent commissions in Canberra are lower than in most other Australian cities. Canberra is compact and competitive, with metro rates commonly in the 2.0% to 2.5% range plus GST. Outside the city, rates rise, and suburb-by-suburb figures across the territory vary widely, so confirm the rate for your own suburb rather than relying on a territory average. Commission isn’t regulated anywhere in Australia and is always negotiable. Our guide to agent commission by state has the full picture.
If you sell with a traditional agent, you can also expect to pay additional advertising fees on top of your agent’s commission, which can increase your total cost significantly. All up, your total cost is likely to be $14,000-$20,000+ if you decide to sell with a traditional agent.
Or you could pay just a fraction of that if you sell your home yourself with the help of PropertyNow.
The real estate market in Canberra
Property values around Australia are up 2.7% over the 12 months to August 2026, but they fell 3.1% over the three months to August as conditions softened.
Nationally, values fell 0.9% in August 2026 alone, a fifth straight monthly decline, with the combined capitals down 3.7% over the quarter.
Canberra has been one of the softer capitals. Values fell 2.8% over the three months to August 2026 and are down 0.4% across the year, which puts the city around 5.2% below its own peak.
As at August 2026, the median dwelling value in Canberra is $864,998, with median house values at $1,007,652 and median unit values of $585,937.
The rental market has held up better than the sales market. The median weekly rent across all Canberra dwellings is $706.
Gross rental yields are 3.9% for houses and 5.4% for units.
Canberra is the slowest capital city market in the country to sell in, with a median time on market of 49 days in the three months to July 2026, against a national median of 35 days. It has improved from 57 days a year earlier. The median vendor discount is 3.5%, one of the narrower ones among the capitals.
Selling property in Canberra without an agent
We advise knowing the specific laws involved in selling or acquiring a property in Canberra, including the Real Property Act 1925, the Land Titles Act 1925 and the Civil Law (Sale of Residential Property) Act 2003. We recommend getting expert advice to help you sell your property.
The web makes buying or selling a property easier than ever. But steep prices and hidden charges made by agents and real estate firms makes it harder for property buyers and sellers.
Not paying hefty agent commission fees gives you more room to move on the sale price, and an advantage over similar properties on the market.
You’ll also know for sure enquiries are responded to as quickly as possible and properly followed up!
If you don’t know how to price your property, we can help. Ask us for a detailed breakdown of sale statistics for a specific Canberra suburb and an estimated value of your property.
Canberra testimonials and reviews
Kirsten sold her property in Narrabundah privately last April. She wrote, “Quite easy to use and very helpful staff.”
*Market figures updated September 2026, sourced from Cotality.