Rental yield, housing supply among keys to Canberra property market
Improving rental yields, a market widely tipped to be near its trough, and limited housing supply are factors that may lure property investors back to Canberra.
Trevillian Quay, Kingston, is one of Canberra's most popular areas for upmarket apartments. (Image source: Shutterstock.com)
Big things come in small packages, which for a capital city like Canberra - population 472,000 – is a fair assessment of what the Australian Capital Territory (ACT) property market currently offers the discerning investor.
What it lacks in boots on the ground, it more than makes up for in the above average salaries of its residents, with around a quarter to a third employed in the three tiers of government public service.
Maria Edwards, CEO, …
