Three ACT budget changes to know: Stamp duty cut, land tax changes, over 60s...
There are many changes in the ACT budget, but three in particular caught Property Observer’s notice. According to ACT Deputy Chief Minister and Treasurer, Andrew Barr, it’s a “challenging period” for...
View ArticleAll five Campbell, ACT sites purchased by Terry Shaw’s consortium
Canberra developer Terry Shaw’s buying syndicate has paid $63.75 million for five plots in the Campbell development. The Australian Financial Review reports that Shaw intends to begin marketing...
View ArticleCanberra ranked "the best place to live", but it's certainly not the best...
You may be surprised to learn that the greatest place to live in Australia is … wait for it, Canberra! In another of those pointless exercises in which bureaucrats take delight, the Organisation of...
View ArticleAbsentee Macgregor landlord loses ACT home to South African fraudster
ACT police are investigating a real estate fraud after a Canberra home sold without the consent of the absentee landlord home owner. The real estate scam at Macgregor has all the hallmarks of prior...
View ArticleACT tenants and landlord rights to be re-balanced under Residential Tenancies...
A new review into the Residential Tenancies Act 1997 has been announced to balance out the rights of landlords and tenants, according to Attorney-General Simon Corbell. Corbell said the review would...
View ArticleCanberran first time buyers left in the lurch, despite highest affordability...
Canberra continues to rank as the most affordable state in Australia, however first home buyers shouldn’t get their hopes up. The Adelaide Bank/REIA Housing Affordability Report notes that while it...
View ArticleJohn McGrath’s three Canberra hotspots under the microscope
The ACT is a market that not every investor looks to tackle, with most heading to neighbouring New South Wales for strong performance. However, while Sydney did secure 10 places on industry expert John...
View ArticleThe ACT's top 10 yielding unit suburbs
The ACT’s suburb rental yields for apartments range from as low as Deakin’s 2.75%, but where are the best performing? Here are the top 10 gross rental yields, as recorded by RP Data, for unit suburbs...
View ArticleCanberra's market is stuck in reverse
There’s only a three-hour drive separating the two places but Canberra and Sydney are worlds apart when it comes to real estate. That Sydney has been accelerating while Canberra has been in slow...
View ArticleModest price growth tipped for Canberra: Andrew Wilson
Prices growth in Canberra has been relatively flat over recent years, reflecting the impact of a declining local economy, according to the Domain Group senior economist, Andrew Wilson. "Canberra has...
View ArticleTyler Brûlée says empty Canberra CBD needs urban renewal…and possibly udon...
The international style setter Tyler Brûlée says Canberra's CBD need urgent urban renewal initiative. His weekly Financial Times column, following a recent visit, acknowledged the sparkling new...
View ArticleNot all doom and gloom for Canberra: Terry Ryder
There are few opportunities these days to write anything bullish about the Canberra property market. All the data suggests prices are stagnating or falling and rents are down significantly, with a 5%...
View ArticleSouth Canberra home rental the ACT's priciest: CoreLogic RP Data
South Canberra is the dearest region for rents in the nation's capital, according to the recent CoreLogic RP Data Quarterly Rental Review. Click charts to open in new windows:
View ArticleGreenway tops list of Canberra unit hotspots
Greenway takes the equal top spot as Canberra's 2016/2017 hotspot for investing in units in a new list developed by APM senior economist, Dr Andrew Wilson. The median price at Greenway is currently at...
View ArticleGriffith tops list of Canberra house hotspots
Griffith takes the top spot on a list of Canberra's 2016/2017 house hotspots, with an expected increase of 8% over the next 12 months, in a forecast developed by APM senior economist, Dr Andrew Wilson....
View ArticleLight rail project to boost Canberra suburbs: HTW
The residential market in Canberra was relatively stable throughout 2016, according to HTW's February 2017 update. The valuation firm says market activity declined during the federal election, however...
View ArticlePalmerston townhouse median price at $345,000: Investar
Palmerston is the cheapest place to purchase a townhouse in ACT, according to Investar’s latest April report. The property investment firm says that the median price of a townhouse at Palmerston is...
View ArticleFranklin cheapest ACT suburb to buy a unit: Investar
Franklin is the cheapest ACT locality to purchase a unit, according to a recent Investar report. The property investment firm says that the median price at Franklin for studio and one bedroom units is...
View ArticleFranklin median house price grows by 22%: Investar
Franklin’s median price growth is the fastest in ACT for houses, according to Investar’s latest report. The property investment firm says that Franklin’s house median prices have increased by 22%. This...
View ArticleSouth Canberra home rental the ACT's priciest: CoreLogic RP Data
South Canberra is the dearest region for rents in the nation's capital, according to the recent CoreLogic RP Data Quarterly Rental Review. Click charts to open in new windows:
View Article
More Pages to Explore .....