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Monday, November 25, 2024

Latest news: ACT Property Market

First home buyers giving up on the dream

Australians appear to be giving up on the dream of owning their first home at a time when house prices have risen by more than 20 per cent in the past year.

Spotlight on five top Canberra suburbs

McGrath Real Estate founder, John McGrath, shares his top five Canberra suburbs showcasing what the city has to offer.

Canberra has highest property price growth in Australia

ile all Australian capital cities have recorded residential property price increases in the June quarter, Canberra tops the list with an 8.2 per cent increase – the highest since records began in September 2003 – according to the latest Australian Bureau of Statistics figures.

Soaring house prices locking out first home buyers

The number of first home buyers has drastically dropped in 2021, with rapidly increasing house prices continuing to lock them out. The latest Australian Bureau of Statistics (ABS) report shows a 20 per...

Some renters living in unliveable homes

For 11 years, Ella has been renting a home in the Inner North that is almost unbearable to live in, and she said her property manager couldn’t care less. Her property manager’s...

Dodds family calls Rivett ex-govie home for over 50 years

In September 1971, the Dodds Family first arrived in Canberra, dressed in hats and scarves for the snowy weather of the tales they had heard from Perth. Neville, an Army man, was posted...

Mortgagees may be missing refinance deals

Six in 10 Australian borrowers doubt their home loan constitutes a good deal, while more than half agree it's the right time to refinance.

ACT real estate market under increasing pressure

The ACT real estate market has been under increasing pressure due to the current COVID-19 lockdown restrictions. Chief Executive Officer of the Real Estate Institute of ACT Michelle Tynan says the biggest issue...

New home sales drop sharply in July

New home sales tumbled 20.5 per cent in July compared to a month earlier, with declines experienced in almost all major states.

Canberra median house price cracks $1 million

Canberra’s median house price has continued to climb, surpassing the million-dollar mark for the first time in the June quarter of this year. According to Domain’s house price report, the median price for...

On the move: The most popular spots in Canberra to relocate to

Two Northside Canberra suburbs have been named in the top 10 hot spots for relocating Australians in the ACT and NSW.

A landlord’s market: Canberra rents still highest of the capital cities

Canberra remains the most expensive capital city in the country to rent, with asking rents again surging to an all-time high in the ACT.

Ray White Commercial Canberra enters ACT market

Ben Faulks of Ray White Canberra and the team formerly known as LJ Hooker Commercial Canberra have joined forces for a new venture.

Australian property prices soar as home owners enjoy biggest gains since 2004

Australian residential property prices rose 13.5 per cent over the 2020/21 financial year, the highest annual growth rate since 2004.

Stamp duty abolished in ACT for off-plan purchases under $500k

The move will see a component of stamp duty concessions introduced as a COVID-19 stimulus measure for the construction industry made permanent.

Sleek and stylish

This home in Casey ticks a lot of boxes for both families and entertainers alike.

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