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Monday, November 25, 2024
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Latest news: ACT Property Market

Strong auction clearance rates continue: Weekly market wrap with Sam Dodimead

Local Newstime Media -
For some, strong auction clearance rates and the current growth cycle is putting their dream of owning a property further out of reach.

Buying off-plan in a rising market: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Rising markets bring out the best intentions from people who consider buying off-plan as an aspirational way of achieving their next life goal.

Canberra’s clearance rate remains on top: Weekly market wrap with Sam Dodimead

Local Newstime Media -
CoreLogic data for the week ending 9 May reported the second highest number of properties auctioned this year.

ACT police seize $10M in assets from alleged brothel syndicate

Local Denholm Samaras -
In the process of investigating an alleged illegal brothel syndicate ACT Policing have seized and restrained assets worth over $10 million.

Buyers turn to unit market: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Data from CoreLogic found values of Canberra houses increased by 2.1% and unit values increased by 1.2% during April.

Long weekend results: Weekly market wrap with Sam Dodimead

Local Newstime Media -
The Anzac Day long weekend proved no deterrent to sales results at auctions across Canberra.

‘Gone ballistic’: ACT house prices continue to soar in ‘sizzling hot’ market

Local Newstime Media -
According to new figures from Domain, prices increased 9.7% over the March quarter with the ACT’s median house price now sitting at $927,577 – an increase of almost 20% on last year.

Looking for value: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Looking for value from Canberra’s property market has become an extremely difficult task.

Looking back: Weekly market wrap with Sam Dodimead

Local Newstime Media -
Looking back: one year on since ‘doomsday’ predictions Reflecting on where we were 12 months ago, market conditions in Canberra are nothing short of extraordinary. This time last year, concerns about the property...

Canberra rental prices hit record high

Local Newstime Media -
New data released by Domain today reveals rent in the ACT is at an all-time high, with median rent for houses 3.4% higher than this time last year.

House prices are climbing alright, but not for the reason you might think

Local The Conversation -
It’s tempting to think home prices are soaring because there aren’t enough homes, but that can’t explain the takeoff from about 2000.

Finding value: Weekly market wrap with Sam Dodimead

Local Newstime Media -
For those looking to purchase a property, it has become incredibly difficult to find great value options due to rapidly increasing prices.

Median house price: Weekly market wrap with Sam Dodimead

Local Newstime Media -
A median house price exceeding $1,000,000 in Canberra appears to be a forgone conclusion, with the only debatable point being when.

Construction officially underway at The Parks

Local Newstime Media -
Yesterday marked the official commencement of construction at The Parks, a significant milestone for the $260 million development in Red Hill.

No respite for those looking to enter the property market: Weekly market wrap with Sam Dodimead

Local Newstime Media -
No respite for those looking to enter the property market 2021 has failed to provide any respite for those seeking to buy property. Persistently high preliminary auction clearance rates reported as 91.53% by...

Canberrans in an ‘enviable’ position: Weekly market wrap with Sam Dodimead

Local Newstime Media -
After high auction clearance rates, the CoreLogic Hedonic Home Value Index results reported property values in Canberra increased by 1.9% during February.
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