Hotspotting Podcast | Episode 81 - Canberra - Strongest Real Estate Market

Posted on 20/02/2019  
Hotspotting Podcast | Episode 81 - Canberra - Strongest Real Estate Market

Apple Podcasts button   Stitcher Radio button

 

The Canberra market has strengthened and now has more growth markets than at any time since we began our quarterly surveys four years ago. The norm now in Canberra is suburbs where median prices have grown by more than 5% in the past 12 months, while only a handful have falling prices.

In our latest survey for the Autumn Price Predictor Index, we have identified 26 suburbs where demand is rising, as well as 37 others where demand is steady and consistent. Unlike Sydney, the Canberra market has no suburbs classified as declining markets or as danger markets.
It is undoubtedly one of the steadiest markets in the nation. Indeed, we regard Canberra as the strongest real estate economy in capital city Australia.

 

« Back