The Canberra property investment market update 2020
Canberra house prices are likely to rise by 4 per cent this year to about $820,000 in 2020, then by another 3 to 5 per cent the year after.
Apartments will still get more expensive but at a slower pace, with gains of 3 per cent this year then 1 to 3 per cent next year in store.
Population growth is likely to remain strong in Canberra over the next few years, while buyer interest has been picking up and is tipped to support prices.
Canberra property investment market is generally considered to be doing well by most property market experts, but some recent developments could change this situation.
National Investment Planning provides investment property selection and guidance for investors in the Canberra property market.
This includes the latest information on real estate investing in the Australian Capital Territory, negative and positive gearing, how to select locations and properties, and the latest information on financing your investment property in locations around Canberra.
Contact us on 1300 545 899 for a free information pack, or to arrange an obligation free consultation.