New data from PropTrack has revealed that Charnwood is Canberra’s most affordable suburb for properties.

The West Belconnen suburb came in with a median house price of $704,000, while Banks in South Tuggeranong was second at $746,000.

Rounding out the top five was Holt ($767,000), Richardson ($771,000) and Phillip ($775,000).

10 most affordable suburbs in Canberra

• Charnwood: $704,000
• Banks: $746,000
• Holt: $767,000
• Richardson: $771,000
• Phillip: $775,000
• Ngunnawal: $782,000
• Strathnairn: $788,000
• Isabella Plains: $789,000
• Macgregor: $791,000
• Greenway: $804,000