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Sunday, May 16, 2021
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Tag: ACT property market

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

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

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

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

Looking back: Weekly market wrap with Sam Dodimead

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

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

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

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

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

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

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...

The changing face of real estate: Weekly market wrap with Sam Dodimead

The changing face of real estate. Since the invention smart phones, social media and the internet have become entrenched in our lives.

More positive auction results: Weekly market wrap with Sam Dodimead

Strong auction results during the week ending 14 February saw CoreLogic report a preliminary auction clearance rate of 91.23% for Canberra.

Increased buyer demand: Weekly market wrap with Sam Dodimead

In January 2021, stock levels tightened significantly, increasing pressure for buyers to act decisively.
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