Macquarie 2614 - Australian Capital Territory

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Macquarie is a suburb of Canberra, gazetted as a division on June 22, 1967 in recognition of Major-General Lachlan Macquarie, a former Governor of New South Wales. Macquarie is located in the inner north Canberra district of Belconnen. It is bordered to the north by Belconnen Way, Bindubi Street to the East, Redfern Street to the south and Coulter Drive to the West.

Accommodation is predominantly separate houses with a gradual increase in flats, units and apartments since previous census periods. There are a group of streets with public housing adjacent to the Jamison Centre. The Jamison Centre is the major shopping centre in Macquarie and has popular outdoor Rotary community market every Sunday morning. It contains a number of shops and services, including a supermarket, newsagent, banks, medical centre and other facilities.

Latest Market Price in Macquarie

The median house price in Macquarie has dropped -8% from $445,000 in the 6 months to June 2008 to $410,000 in the 6 months to December 2008. The long term trend for house prices in Macquarie over the last 10 years is +12.3% per annum.

The median unit price in Macquarie was $350,000 in the 6 months to June 2008. There is not enough data about the median house price in Macquarie in the 6 months to December 2008 for a meaningful report. The long term trend for unit prices in Macquarie over the last 10 years is +9.1% per annum.

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