Tuggeranong Property Pulse - July 2025

Let’s break down everything that’s happened in the Tuggeranong property market, in the first half of 2025.

So far this year, we’ve had 689 properties sell in Tuggeranong, with the current auction clearance rate sitting at 74%, which means that 3 out of every 4 homes listed for auction are selling in the first month which is extremely strong when compared to the 50% clearance rate at the same time last year.

The median sale price for a house in Tuggeranong is currently $875,000 which is a 4% increase over the last 12 months, while apartments have a median sale price of $605,000.

What we’re noticing on the ground is more buyers at open homes, which is resulting in more bidders at auction and higher sale prices for sellers.

One of the standout results from the last 6 months was a property we sold recently at 22 Duffus Place in Wanniassa where we had over 150 families inspect the property in a 3 week period, which resulted in 13 bidders at auction and a sale price around $100,000 above expectation.

We’ll keep tracking how things play out over the next few weeks but right now, it’s clear that the market is strong, especially when homes are well presented and marketed effectively.  That’s your monthly market wrap and I’ll see you in the next one.