Canberra Apartments: Upswing Predicted in 2026
Update: 2026-01-03
Description
Canberras apartment market may see a turnaround in 2026, as predicted by experts. This upswing could occur if interest rates rise, with higher-end houses taking a hit and pushing buyers towards more affordable units. The lower end of the market, particularly houses under one million dollars, has seen growth due to the federal governments five percent deposit scheme for first home buyers. Prices for pricier houses are sensitive to tighter credit, potentially shifting demand to apartments that fit tighter budgets. Giralang and Denman Prospect are gaining interest from young families, while Bonython is popular among investors due to low vacancy rates. Nationwide, investors are drawn to Canberras steady population and economy, expecting six months of market stability.
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