

17 Meerup Street, Amaroo, ACT 2914
Auction on the 20/06/2026 at 2:15pm
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Auction Saturday 20 June 2:15 pmAmaroo was developed as part of the Gungahlin district's expansion in the early 1990s to meet Canberra's growing housing demand. It was designed as a master-planned community with a focus on integrated green spaces and pedestrian-friendly school access. Unlike earlier Canberra suburbs, it features more compact blocks but higher proximity to local services.
Today, Amaroo is an established, leafy suburb that serves as a benchmark for family living in North Canberra. It is characterized by large modern homes, quiet cul-de-sacs, and a highly active community centered around the local shopping village and Yerrabi Pond.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Amaroo represents the 'aspirational' move for families within the Gungahlin district. Its maturity compared to newer suburbs like Taylor or Moncrieff means larger trees, established gardens, and a proven community infrastructure that justifies its price premium.
$950k – $1.6m
$550k – $780k
12-month movement
Current asking rents
The price history shows resilience; while the ACT market saw a correction in 2023, Amaroo's school-driven demand helped it recover faster than the broader Canberra market.
Price comparison
Median price รท median income
Estimated rental yield
Amaroo is a 'destination' suburb. While it is more expensive than the district average, it offers better value per square metre than inner-north suburbs like O'Connor or Ainslie for families needing 4+ bedrooms.
Lower = tighter market
Avg time on market
Annual rental increase
Professional families and defense personnel seeking proximity to schools and Gungahlin Town Centre.
Strong capital growth prospects and low vacancy make it a safe 'set and forget' investment. However, gross yields are modest, so the play is primarily for long-term equity gain.
Expect steady growth outperforming the broader ACT average. As the suburb's trees and gardens fully mature, it will increasingly appeal to buyers who find newer suburbs too 'stark'.
vs last 12 months
Relative comparison
Standard suburban precautions apply. Check the ACT Crime Map for specific street-level data, particularly near the shopping village parking areas.
Low-risk suburb with primary concerns related to bushfire interface on the northern edge and standard ACT property compliance issues.
Low risk; some localized overland flow issues near Yerrabi Pond during extreme storms.
Moderate risk for properties on the northern fringe bordering the reserve; Bushfire Management Zones apply.
Standard premiums apply; no significant 'red flag' loading for the majority of the suburb.
Bushfire Prone Area (northern edge only)
Minimal; the suburb is largely built out with only minor dual-occupancy potential under RZ1/RZ2 changes.
The RZ1 zoning protects the low-density family character of the suburb, preventing the 'cramming' of apartments seen in Gungahlin CBD.
Good bus connectivity; 5-minute drive to Light Rail terminus in Gungahlin.
High; Amaroo Village is one of the best local centers in the district.
Excellent; Yerrabi Pond and numerous local playgrounds within walking distance.
Exceptional; Amaroo School is the primary driver for many residents.
Good; Local GP in the village and 15 minutes to Calvary Public Hospital.
A wealthy, multicultural, and young-family oriented population with high education levels.
The high percentage of families and owner-occupiers creates a stable, community-focused environment where residents are invested in local upkeep.
Amaroo is largely mature, with most major infrastructure complete. Future impacts are regional.
Residents are fiercely loyal to the suburb, citing the 'village feel' and the quality of the local school as the primary reasons for staying long-term.
The best place in Gungahlin to raise kids. Everything is walkable and the school community is fantastic.
The drive to the city is getting longer, but the local shops make up for it on weekends.
Never had a problem finding tenants. Families will pay a premium to be in the Amaroo School zone.
It's hard to get into the market here now; we had to settle for a smaller townhouse than we wanted.
Having both Coles and Aldi right here is a lifesaver. Yerrabi Pond is beautiful for evening walks.
The cul-de-sacs are very quiet, though it gets very busy around 3pm when school finishes.
Position the property as a 'turn-key family sanctuary' in Gungahlin's most established and convenient pocket. Emphasize the lifestyle benefits of walking to school and shops.
High-stability, low-risk capital growth play.
Low rental yields compared to apartments; high land tax in the ACT.
Safe, family-friendly, and excellent local amenities.
Parking can be difficult near the schools and shops during peak times.
Must comply with ACT's Residential Tenancies Act, including mandatory insulation and smoke alarm standards.
The 'Heart of Gungahlin' lifestyle; Walk-to-everything convenience; The gold standard for family education.
Upsizing families from Ngunnawal/Gungahlin; Public service professionals; Defense families on long-term postings.
This report is based on data available as of 2026-03-13. While all care has been taken to ensure accuracy, this information is for general due-diligence purposes only. Buyers should conduct their own independent investigations and seek legal advice before entering into a contract of sale in the ACT.
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Auction on the 20/06/2026 at 2:15pm
4 2 2
Auction Saturday 20 June 2:15 pm

Auction 14/06/26
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Open Thursday 4 June 5:15 pm Auction Sunday 14 June 12:00 pmReal Search makes searching for your new home easy with properties for sale in Amaroo ACT 2914 and properties for rent in Amaroo ACT 2914. Are you looking for specific type of property? Real Search has units for sale in Amaroo ACT 2914 and houses for sale in Amaroo ACT 2914. Real Search also provides 1 bedroom unit for sale in Amaroo ACT 2914, 2 bedroom unit for sale in Amaroo ACT 2914 & 3 bedroom unit for sale in Amaroo ACT 2914. Find best real estate agents in Amaroo ACT 2914. You can also check real estate agencies in Amaroo ACT 2914. Research the property market of Amaroo ACT 2914 with a property report and suburb profile report on Real Search.