Capitalising on the Canberra Property Market – Hannah Gill

Who is interested in investing in the ACT?

Ahhhhh, The Australian Capital Territory (ACT), this includes Canberra!

It has a unique property market with its own set of advantages and disadvantages.

The question we had was “Is the ACT the next area to consider for investment?”

To which we need an expert hand. So we called up local PM expert (property manager, not Prime Minister) Hannah Gill who will be giving us the insights on where the value is.

Here are some interesting insights about the ACT you might not know!

Land Lease System: In the ACT, most land is not owned freehold but is instead leased from the government for 99 years.

While this has little practical impact on homeownership, it can create a sense of insecurity for some investors.

Higher Stamp Duty: ACT has higher stamp duty costs compared to many other areas, which increases the initial investment cost and may upset a Polly (which I am fine with).

Limited Population Growth: Unlike other cities, Canberra’s population growth is relatively slower, which doesn’t necessarily tie to growth.

Do all these things means it not investment worthy?

Well, join us to see where the true ACT opportunities lay!

Topics we’ll be talking about include:

• Canberra suburb / area insights to match most budgets! This one is bound to be juicy and actionable.
• How she thinks about property management in the ACT [there are unique factors].
• Where opportunity lies in Canberra.