Category: Australian Capital Territory

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Tuesday March 25, 2025Tuesday March 25, 2025Australian Capital Territory, Growth, Infrastructure, Interest Rates, Land, Local, Melbourne, New South Wales, Northern Territory, Property, Property Prices, Queensland, Regional, Residential, South, South Australia, South West, State, Sustainability, Tasmania, Urban Renewal, Victoria, Western Australia

New Tracks, New Towns: How Infrastructure Builds Aussie Property Hotspots

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Treasurer Chalmers' 2025 budget earmarks $17.1 billion for infrastructure across Australia, with significant implications for property values. While improved accessibility and amenity from new roads and rail lines can boost property prices, the impact isn't always straightforward. For Australian property professionals, understanding these nuances is crucial.

The funding distribution varies significantly by state. Queensland receives the largest share with $7.2 billion, mainly targeting safety upgrades to the Bruce Highway. NSW gets over $2.3 billion, focusing on Western Sydney's rail and road infrastructure. Victoria's $2 billion investment in Sunshine train station and road upgrades is poised to impact Melbourne's western suburbs. Improvements in Western Australia focus on freeway upgrades and enhancing commuter experiences. Northern Territory projects highlight improving interstate travel. Tasmania, SA and the ACT also expect upgrades.

Property professionals need to assess both the upsides (reduced commute times, enhanced liveability) and downsides (construction disruption, potential for increased pollution) of these projects. Real estate agents should be aware of localized impacts, developers need to consider opportunities and challenges, and property managers may face tenant concerns. Savvy professionals will adopt a holistic view, factoring in other market forces alongside infrastructure developments. With a decade of development ahead, understanding how regional properties are impacted is a key consideration.

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Sunday March 23, 2025Sunday March 23, 2025Analysis, Australian Capital Territory, Energy Efficiency, Energy Efficiency, Local, New South Wales, Northern Territory, Property, Property Management, Queensland, Regional, South, South Australia, State, Sustainability, Tasmania, Victoria, Western Australia

Daylight Saving 2025: What Aussie Property Pros Need to Know

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For Australian property professionals operating in relevant states, daylight saving time ends on Sunday, April 6th at 3am AEDT, shifting back to 2am. This affects ACT, NSW, South Australia, Tasmania, and Victoria. Queensland, Northern Territory, and Western Australia do not observe daylight saving. Remember to adjust clocks for open houses, inspections, and meetings. While digitally synchronised devices will update automatically, ensure any manual clocks are changed. This shift provides an extra hour, potentially impacting weekend schedules. Daylight saving resumes on October 5th, 2025.

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Friday March 21, 2025Friday March 21, 2025Adelaide, Affordable Housing, Affordable Housing, Australian Capital Territory, Closing, Decline, Economic Factors, Forecasts, Government Policies, Growth, House, Infrastructure, Interest Rates, Investment Strategies, Land, Loans, Local, Melbourne, Mortgages, Perth, Planning, Property, Queensland, Regional, Residential, South, State, Urban Development

Mortgage Relief: Rising House Prices Help, But Affordable Housing Still Needed

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Australian property professionals should heed the nuanced signals in recent mortgage market data. While Fitch Ratings’ Dinkum RMBS Index indicates mortgage arrears have eased slightly, driven partly by new RMBS transactions, a closer look reveals underlying vulnerabilities. Significantly, home loans originated in 2023 show higher arrears rates, suggesting recent buyers are particularly stressed. Simultaneously, forecasts predict 4-6% house price growth in 2025, fueled by limited supply, a tight rental market, and high migration. However, the Urban Development Institute of Australia (UDIA) projects a significant dwelling shortfall by 2029, exacerbating affordability issues.

These factors present a complex landscape. Agents must be proactive in identifying and assisting at-risk clients, particularly those who bought recently. Property managers face the challenge of balancing landlord income with tenant affordability. Developers need to focus on projects that address the housing shortfall, while investors must carefully monitor market conditions and consider regional variations. Perth, Melbourne and South East Queensland are leading the way in increased dwelling completion rates where Sydney, Adelaide and the ACT have falling completion rates. The article emphasizes that despite positive growth forecasts, the underlying affordability crisis demands a localized and strategic approach for all property professionals.

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Friday March 21, 2025Friday March 21, 2025Affordable Housing, Affordable Housing, Analysis, Australian Capital Territory, Decline, Government Policies, Growth, Land, National, Perspective, Property, Property Management, Property Prices, Queensland, Regional, Social Housing, South, South Australia, State, Tenant Screening, Tenant Screening, Victoria, Western Australia

Six-Figure Salary Now Needed to Rent Average Aussie Home: Report

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A new report, "Priced Out," reveals a worsening rental affordability crisis in Australia, demanding a $130,000 household income to afford the average rental. Even six-figure earners now face rental stress (spending over 30% of income on rent), previously confined to lower-income individuals. The hardest-hit areas include Northern Western Australia, where some would need to allocate over 100% of their income to rent.

Everybody’s Home advocates for increased social housing investment. The Property Council of Australia emphasizes the critical need for increased housing supply, projecting a shortfall of 462,000 homes by 2029. They estimate this shortfall would mean renters pay up to $4,680 a year in extra rent. The Federal Government is incentivizing states to exceed housing targets via $3 Billion New Home Bonus programme.

This crisis presents challenges and necessitates adaptable strategies for Australian property professionals. Real estate agents must understand tenant affordability constraints, property managers face increasing arrears risks and developers need to consider the demand for affordable housing options. Ultimately, property professionals must adopt a holistic market view, understand the evolving landscape and adapt strategies accordingly to stay flexible.

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Friday March 21, 2025Friday March 21, 2025Adelaide, Analysis, Australian Capital Territory, Brisbane, Darwin, Due Diligence, Employment, Government Policies, Growth, Infrastructure, Interest Rates, Launceston, Local, Maintenance, Melbourne, New South Wales, North Coast, Northern Territory, Perth, Property, Property Prices, Queensland, Regional, South, South Australia, Tasmania, Victoria, Western Australia, Zoning, Zoning Regulations

Buy vs Rent: Aussie Suburbs Where Owning Wins Out

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Rising living costs are forcing Australians to re-evaluate the buy-versus-rent equation. A recent analysis, reported in the Daily Mail Australia, pinpoints suburbs across Australia where mortgage repayments can be lower than rental costs, presenting unique opportunities and potential risks for property professionals.

The research identifies suburbs like Goodna (QLD), Orelia (WA), Salisbury (SA), Warwick Farm (NSW), Werribee (VIC), Moulden (NT), Mowbray (TAS), and Lyons (ACT) where buying a unit could be more affordable than renting, often due to lower property values and tight rental markets. For instance, in Warwick Farm (Sydney), the study reveals that monthly mortgage repayments for a unit are roughly 15% lower than renting a similar space.

However, property professionals must advise clients to consider the broader context, including potential flood risks in some areas mentioned in the report, interest rate fluctuations, infrastructure development, and individual financial circumstances. While these suburbs offer investment opportunities, comprehensive due diligence is key. Factors such as vacancy rates, property maintenance, infrastructure development, and local economic conditions should all be carefully considered.

Furthermore, renting offers flexibility and lower upfront costs that may outweigh the benefits of ownership for some. Ultimately, informed advice, transparent communication, and a holistic approach are crucial for guiding clients towards sound property decisions.

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Thursday March 20, 2025Thursday March 20, 2025Analysis, Australian Capital Territory, Brisbane, Commercial, Construction Technology, Global, Growth, Infrastructure, Local, Maintenance, National, Queensland, Regional, Residential, Rural, State, Sustainability, Training, Victoria, Western Australia

Concrete Pumping: What’s Driving Growth in Aussie Construction?

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Australia's concrete pump market is poised for growth, projected to reach AUD 267.39 million by 2034, driven by labour shortages, infrastructure projects and the pursuit of cost and efficiency gains. Key growth areas include Victoria, and Western Australia, along with ACT which is tipped to have the highest CAGR. Truck-mounted and commercial concrete pumps will experience the highest growth. Technological advancements like GPS tracking and automation enhance efficiency and safety. However, high initial costs, skills shortages, and increasingly stringent environmental regulations pose challenges. The market features a mix of international players like Putzmeister and Liebherr, and local firms such as Concord Concrete Pumps Australia and Meales Concrete Pumping. Recent trials of electric concrete trucks and pumps, like those by Holcim and Lendlease, highlight the industry's move towards sustainable construction. For Australian property professionals, understanding these dynamics is crucial for optimising project delivery, navigating evolving regulations, and leveraging innovations for enhanced productivity and sustainability.

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Thursday March 20, 2025Thursday March 20, 2025Aged Care Facilities, Analysis, Australian Capital Territory, Insurance, New South Wales, Northern Territory, Planning, Property, Queensland, Retirement Villages, South, South Australia, Tasmania, Victoria, Western Australia

Private Health Insurance Changes: What Property Professionals Need to Know

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Effective March 20, 2025, changes to private health insurance legislation impact nursing-home type patient (NHTP) accommodation. Australian property professionals managing healthcare facilities should note increased daily patient contributions for NHTPs in private hospitals nationally and most public hospitals, rising to $78.95. The ACT remains at $75.55. Minimum benefits payable by insurers also change, varying by state and between public and private hospitals. Notably, NSW, Tasmania, and Victoria see increases in public hospital benefits, while the ACT, NT, QLD, and SA remain unchanged. Private hospital benefits across all states/territories are set at $32.15. These changes are relevant for financial planning and resident agreements. See the Federal Register of Legislation for full details on Amendment Rules (No. 4) 2025.

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Wednesday March 19, 2025Wednesday March 19, 2025Analysis, Australian Capital Territory, Due Diligence, Land, Legal Frameworks, Negotiation, Northern Territory, Pastoral, Planning, Property, South, State

High Court Native Title Ruling: Compensation Risks and Opportunities for Property Players

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High Court Native Title Ruling: Compensation Risks and Opportunities for Property Players A recent High Court decision has sent ripples through the Australian property sector, potentially opening the door for significant compensation claims by Indigenous native title holders. The March 12 ruling in *Commonwealth of Australia v Yunupingu*, delivered by a six-to-one majority, centred on...

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Wednesday March 19, 2025Wednesday March 19, 2025Analysis, Australian Capital Territory, Feasibility Studies, Interest Rates, Loans, National, New South Wales, Planning, Property, South, State

Development Delays Bite: Navigating Australia’s Approval Bottleneck

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Development approval delays are crippling ACT builders, impacting project timelines and homeowner costs. A simple deck approval can now take months, pushing median wait times for small projects to 30 business days, up from 41 days last financial year. Builders like James Burton report waiting two months for a four-day deck project approval, with potentially another four months to go. This backlog creates uncertainty, making project planning and client communication difficult. The industry, led by builder Xavier Duffy, is calling for a streamlined online portal like NSW's, consolidating the current multi-agency approval process. This centralised system aims to reduce wait times, costs, and encourage project commencements, ultimately benefiting both builders and homeowners. A petition with over 500 signatures supporting this reform has been presented to the Legislative Assembly.

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Wednesday March 19, 2025Wednesday March 19, 2025Adelaide, Analysis, Australian Capital Territory, Decline, Growth, Infrastructure, Innovative Housing Models, Interest Rates, Land, Local, Maintenance, Melbourne, National, Perth, Planning, Planning Regulations, Property, Queensland, Regional, Residential, South, State, Urban Development, Zoning

Housing Crisis Looms: Aus Faces Massive Home Shortfall by ’29

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The Urban Development Institute of Australia (UDIA) forecasts a potential shortfall of almost 400,000 homes across Australian capital cities by 2029, exacerbating affordability issues and rental market pressures. Their State of the Land Report 2025 projects a significant undersupply, despite a modest increase in completions in 2024 driven by detached houses. However, a decline is anticipated in coming years, with regional performance varying greatly; Perth saw a substantial increase while Sydney and Adelaide lagged.

For Australian property professionals, this projection presents both challenges and opportunities. Real estate agents need to manage client expectations in a supply-constrained market. Property managers will likely face continued pressure on rental yields and need to focus on tenant retention. Developers should carefully analyse project feasibility amid rising costs and planning delays. Investors must be mindful of potential risks like rising interest rates while recognising the potential of residential property in undersupplied areas.

The article highlights a historical undersupply contributing to the crisis, with current population growth outpacing housing production. While alternative perspectives exist, emphasising the importance of government initiatives, the UDIA report signals the need for proactive strategies across the property sector to navigate the complexities of the market. Understanding regional nuances and the interplay of supply, demand, and policy is critical for informed decision-making.

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Wednesday March 19, 2025Wednesday March 19, 2025Analysis, Australian Capital Territory, Property, Queensland

Sofronoff Inquiry: Corruption Fallout Impacts ACT Property

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Sofronoff Inquiry: Corruption Fallout Impacts ACT Property The ACT Integrity Commission’s damning report on the conduct of former Queensland judge Walter Sofronoff, who chaired the inquiry into the Bruce Lehrmann trial, has significant ramifications for the Australian Capital Territory (ACT) property market, beyond the legal implications. This report, released in March 2025, found that Sofronoff...

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Wednesday March 19, 2025Wednesday March 19, 2025Analysis, Australian Capital Territory, Commercial, Inflation, Infrastructure, Interest Rates, Investment Strategies, Local, Property, Regional, Residential, Training

Medicare & Election 2025: What it Means for Property

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Medicare bulk-billing changes are set to impact Australian property markets. The Labor government's increased Medicare rebates, matched by the Opposition, aim to boost bulk-billing rates by incentivizing GPs, particularly in regional and remote areas. This could improve healthcare access and affordability, potentially influencing population shifts and property demand in these locations. While experts welcome the increased funding, some argue for further reforms to address chronic health conditions. The declining number of bulk-billing clinics, coupled with rising out-of-pocket costs deterring patients, has led to longer GP wait times. Property professionals should monitor these developments, as improved healthcare access and affordability can be key drivers of regional property market growth.

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Tuesday March 18, 2025Tuesday March 18, 2025Analysis, Australian Capital Territory, Decline, Growth, Infrastructure, Land, Local, National, New South Wales, Northern Territory, Planning, Property, Queensland, Regional, South, South Australia, State, Tasmania, Victoria, Western Australia

Aussie Renters Could Pocket Savings if Housing Goals Hit

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Australian renters could save significantly if the National Housing Accord's ambitious targets are met, suggests recent analysis. A Property Council of Australia report projects potential weekly savings of $90 for renters nationally, totalling $255 million per week, if the target of 1.2 million new homes by 2029 is reached. This hinges on the principle that increased supply eases strained rental markets. However, the report also notes a potential shortfall of 462,000 dwellings, sparking debate on target feasibility.

Savings vary by state, with NSW renters potentially saving $130/week compared to Victoria's $50 with the increase in the number of houses built respectively. The Federal Government's $3 billion New Homes Bonus aims to incentivize states to exceed targets, but some industry analysts prioritize streamlining planning approvals and reducing construction costs.

For Australian property professionals, this underscores the continued demand for affordable rentals and necessitates awareness of potential price stabilisation or decline with increased supply. Developers should assess project feasibility, and investors should monitor supply trends impacting rental yields and capital growth. Given material cost increases and labour shortages in the construction industry, the feasibility of these projected construction goals is questionable.

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Tuesday March 18, 2025Tuesday March 18, 2025Analysis, Australian Capital Territory, House, National, Perspective, Property, Property Prices, Queensland, Social Housing, South, South Australia, State, Victoria, Western Australia

Doubled Housing Supply Incentive: A Rent Relief Solution?

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Australia faces a potential housing shortfall of 462,000 homes by 2029, threatening affordability and placing upward pressure on rents. A Property Council report suggests renters could save $50-$130 per week if the 1.2 million home target is met. The report recommends doubling the $3 billion New Home Bonus program to $6 billion and extending it for seven years to incentivize states and territories to boost construction and implement housing reforms. Currently, only the ACT is on track to meet its target. Meanwhile, the Greens are pushing for tax reforms, urging the Treasurer to scrap negative gearing and capital gains tax discounts to address housing affordability, arguing these concessions disproportionately benefit high-income earners. This divergence in approaches highlights the critical debate surrounding Australia's housing crisis.

Weston Creek Australian Capital Territory
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Saturday March 15, 2025Saturday March 15, 2025Australian Capital Territory, Commercial, Growth, House, Infrastructure, Local, Property, Residential

Discovering Weston Creek: A Hidden Gem of the Australian Capital Territory

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Nestled on the outskirts of Canberra, Weston Creek is a charming and tranquil suburb that has quietly become one of the Australian Capital Territory’s hidden gems. With lush green parks, spacious family homes, and a community spirit that resonates throughout its streets, Weston Creek is perfect for families, young professionals, and retirees alike. Join us...

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Saturday March 15, 2025Saturday March 15, 2025Australian Capital Territory, Growth, Inflation, Interest Rates, Land, Local, Market Reports, New South Wales, Northern Territory, Property, Property Management, Queensland, South, South Australia, State, Tasmania, Victoria, Western Australia

Cooling Off Costs: Unexpected Pool Compliance Rules for Aussie Properties

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Australian property professionals should be aware of varying inflatable pool safety regulations across states and territories, especially with temperatures soaring this weekend. Pools deeper than 30cm generally require compliant safety barriers, which are not simply pool covers. Penalties for non-compliance can reach thousands of dollars for individuals and over $100,000 for corporations. While specifics vary, NSW, Queensland, WA, SA, Tasmania, ACT and NT all have regulations concerning inflatable pools. Victoria requires pool registration with councils, but simpler inflatable pools without frames or filters may be exempt. Advise clients accordingly to avoid hefty fines and ensure child safety. Contact local councils for specific regional requirements.

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Friday March 14, 2025Friday March 14, 2025Australian Capital Territory, Due Diligence, Insurance, Land, Negotiation, Northern Territory, Planning, Property, State

High Court Native Title Ruling Reshapes Compensation Landscape for Property Developers

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A High Court ruling on native title, hailed as significant as the Mabo case, has major implications for Australian property professionals. The court dismissed a Commonwealth appeal regarding compensation for bauxite mining on Gumatj land in Arnhem Land, upholding that native title rights are property rights requiring "just terms" for extinguishment. While directly affecting the NT and potentially the ACT, the decision’s ramifications are likely nationwide. This reinforces native title’s strength and could lead to increased compensation claims dating back to 1903 in the NT and the ACT's establishment. The ruling clarifies constitutional application for future cases, but complexities remain. The long-term impact on land dealings and valuations requires careful monitoring by property professionals.

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Wednesday March 12, 2025Wednesday March 12, 2025Australian Capital Territory, Growth, Inflation, Investment Strategies, New South Wales, Northern Territory, Perth, Property, Property Prices, Queensland, South, South Australia, State, Tasmania, Victoria, Western Australia

2024 Housing Shortfall: 62,000 Homes Gap Widens

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Australia's housing deficit persists, with 62,000 fewer homes built than needed in FY24. While an improvement on FY23's 110,000 shortfall, this is attributed to slower population growth, not increased construction. For Australian property professionals, this continued undersupply signals sustained pressure on the market. Western Australia is the most severely impacted, building only 48% of required homes, correlating with sharp price increases in Perth. Queensland and the Northern Territory also face significant deficits. Conversely, Tasmania and the ACT demonstrate housing surplus. Despite projected population growth moderation, current dwelling approvals remain insufficient to address the accumulated housing shortfall, presenting ongoing challenges and opportunities for the property sector.

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Tuesday March 11, 2025Tuesday March 11, 2025Analysis, Australian Capital Territory, Brisbane, Due Diligence, Employment, Global, Growth, Insurance, Loans, Local, National, New South Wales, Northern Territory, Property, Queensland, Residential, South, South Australia, State, Tasmania, Victoria, Western Australia

Mortgage Stress Hotspots: Which Postcodes are Feeling the Pinch?

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S&P Global Ratings has identified Australian mortgage stress hotspots, revealing postcodes with the highest proportion of home loans in arrears. The report flags that despite potential interest rate cuts, financial strain on homeowners remains a concern. Victoria leads with high arrears, correlating with higher unemployment, followed by NSW and Queensland. Specific postcodes of concern include 3064 (VIC), 2261 (NSW), and 4211 (QLD).

For Australian property professionals, this data is crucial. Real estate agents in affected areas should be prepared for potential mortgagee sales and adjusted property values. Property managers need to proactively monitor rental payments in these regions. Developers should focus on affordability when designing projects, and investors should conduct thorough due diligence before purchasing property in high-risk areas.

While national arrears remain relatively modest, elevated cost-of-living pressures and depleted savings are concerns. External factors like extreme weather events, particularly in Queensland, can exacerbate arrears. The interplay of unemployment, living costs, and house prices will shape the future of mortgage arrears, demanding vigilant monitoring from all stakeholders. The report suggests arrears are yet to peak, highlighting the need for caution and informed decision-making in the Australian property market.

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Saturday March 8, 2025Saturday March 8, 2025Analysis, Australian Capital Territory, Commercial, Employment, Growth, House, Local, National, Office, Property, Residential

Dutton’s ACT Move Shakes Up Property Landscape

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Opposition Leader Peter Dutton's pledge to cut 36,000 public service jobs poses a significant challenge for Australian property professionals, particularly in Canberra. His rhetoric targeting the APS, while potentially appealing to some voters nationally, risks alienating Canberra residents, a key demographic for the local property market. This strategy creates uncertainty for public servants, impacting housing demand and potentially softening prices. The conflicting messages between Dutton and his ACT candidates, who downplay the threat of job losses, further confuse the issue. Property professionals should monitor this situation closely as the election approaches, as the outcome could significantly impact the Canberra market and potentially influence national trends.

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Friday March 7, 2025Friday March 7, 2025Australian Capital Territory, Brisbane, Community Engagement, Industrial, Infrastructure, Katherine, Local, Maintenance, New South Wales, Northern Territory, Planning, Property, Queensland, Regional, South, South Australia, State, Sustainability, Tasmania, Victoria, Western Australia

Active Transport Funding Boosts Property Values: Where the Money’s Going

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Over $96 million from the Australian Government's Active Transport Fund is being injected into projects nationwide. Australian property professionals should note these investments in cycling paths, footpaths, and pedestrian crossings, which aim to enhance road safety, reduce emissions, and create more liveable communities. This infrastructure boost can increase property values and attract buyers seeking amenity-rich locations. Projects span all states and territories, with Queensland ($24m) and Victoria ($21m) receiving the largest allocations. For details on specific projects and their locations, visit https://investment.infrastructure.gov.au/about/local-initiatives/active-transport-fund. These improvements signal a growing emphasis on active transport, presenting opportunities for property professionals to highlight local area enhancements.

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Friday March 7, 2025Friday March 7, 2025Australian Capital Territory, Career Development, Consumer Protection, Contracts, Dispute Resolution, Employment, Housing Policy, Lease Agreements, Maintenance, New South Wales, Property, Queensland, South, South Australia, State, Tasmania, Training, Victoria, Western Australia

US Housing Crisis: Lessons for Aussie Renters

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For Australian property professionals seeking diverse career paths, this episode featuring architecture career specialist Jacki Schaefer offers valuable insights. Schaefer discusses her transition away from traditional architectural practice, highlighting the common disillusionment and disconnect between academia and the profession. She emphasizes the importance of career coaching for architects to define personal success beyond the narrow definitions often prevalent in the industry. Relevant to the Australian property landscape, Schaefer's discussion explores emerging trends shaping the next generation of architects and offers advice for students and professionals navigating the complexities of the field. Her perspective is particularly pertinent for those considering alternative career options within the broader property sector and seeking to align their skills with personal motivations. Connect with Jacki on LinkedIn for more insights.

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Wednesday March 5, 2025Wednesday March 5, 2025Australian Capital Territory, Dispute Resolution, Lease Agreements, Maintenance, New South Wales, Northern Territory, Property, Queensland, South, South Australia, State, Tasmania, Tenant Rights, Victoria, Western Australia

Teach English Overseas & Rent Out Your Aussie Home? Know the Rules

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This information isn't relevant to Australian property professionals. The excerpt discusses TEFL (Teaching English as a Foreign Language) certification, not real estate. It announces that the TEFL Professional Development Institute's 120-hour TEFL Certificate course has received accreditation from ACCREDITAT, a UK-based international accreditation body. This accreditation signifies that the course meets rigorous standards in operational ethics, program quality, assessment caliber, and teacher expertise. While valuable for aspiring TEFL teachers, this information holds no direct relevance for those working in the Australian property market.

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Tuesday March 4, 2025Tuesday March 4, 2025Australian Capital Territory, Darwin, Dispute Resolution, Lease Agreements, Maintenance, National, Negotiation, New South Wales, Northern Territory, Property, Queensland, South, South Australia, State, Sustainability, Tasmania, Tenant Rights, Victoria, Western Australia

Dodging the Rental Trap: A Tenant’s Guide to Avoiding Green’s Missteps

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Dodging the Rental Trap: A Tenant’s Guide to Avoiding Perceived Political Missteps This article analyses arguments presented by an individual (Cyrille Jeufo) regarding housing reform, focusing on its relevance to Australian tenants and their rights. Jeufo positions himself as a proponent of housing reform who can avoid the pitfalls he attributes to the Greens political...

Tuggeranong Australian Capital Territory
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Sunday March 2, 2025Sunday March 2, 2025Australian Capital Territory, Commercial, Growth, House, Infrastructure, Local, Property, Residential, Retail

Exploring Tuggeranong: A Hidden Gem of the Australian Capital Territory – Nature, Culture, and Community

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Welcome to the Neighbourhood Nestled in the picturesque southern region of the Australian Capital Territory, Tuggeranong is often overlooked in favour of its more centrally situated counterparts. Yet, those in the know understand that this dynamic suburb is a hub of community spirit, natural beauty, and emerging local culture. With the pristine shores of Lake...

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Saturday March 1, 2025Saturday March 1, 2025Australian Capital Territory, Darwin, Dispute Resolution, Growth, Insurance, National, New South Wales, Northern Territory, Property, Property Management, South, South Australia, Specialised, State, Tasmania

Strata Pet Bans Squeeze Aussie Homeowners: Navigating Limited Options

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Pet-friendly rentals are a growing concern for Australian property professionals, particularly in strata-heavy markets. In the NT, ACT, and SA, body corporates can override pet-friendly laws, creating challenges even for homeowners. This is impacting renters like Emily Johnston, who struggled to find a pet-friendly rental in Darwin. While the NT requires majority body corporate approval for pets, inconsistent rules and costly by-law amendments create a "lottery" system for pet owners. This contributes to a high rate of pet surrenders – up to 80% locally, according to PAWS Darwin – driven by housing insecurity, not pet behaviour. As high-density housing rises, property professionals need to be aware of these legislative gaps and their impact on tenants and owners. NSW's "blanket approval" approach offers a potential solution, prioritizing pet ownership unless specific restrictions are implemented by the body corporate.

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Thursday February 27, 2025Thursday February 27, 2025Australian Capital Territory, Decline, Forecasts, Government Policies, Growth, House, Inflation, Interest Rates, Local, Melbourne, National, New South Wales, Northern Territory, Planning, Property, Property Prices, Queensland, Regional, Residential, South, South Australia, State, Tasmania, Victoria, Western Australia

NAB Survey: Aussie Property Market Heats Up in Late 2024

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NAB Survey: Aussie Property Market Momentum Slows in Late 2024, but Experts Divided The NAB Residential Property Index, a key barometer of sentiment among Australian property professionals, dipped for the third consecutive quarter in Q4 2024, signalling a slowdown in the national housing market. The index has slipped below its long-term average for the first...

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Thursday February 27, 2025Thursday February 27, 2025Analysis, Australian Capital Territory, Employment, House, Insight, Investment Strategies, Local, National, Property

Canberra Federal Election: Key Issues Shaping Property Investment

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Canberra Federal Election: Key Issues Shaping Property Investment The upcoming federal election in the Australian Capital Territory (ACT) is attracting significant attention from property professionals, as potential policy shifts could impact the local market. While the ACT often doesn’t feature prominently in national election discussions, recent political events have highlighted its growing importance. Impact of...

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Thursday February 27, 2025Thursday February 27, 2025Australian Capital Territory, Consumer Protection, Dispute Resolution, Lease Agreements, New South Wales, Northern Territory, Property, Queensland, Residential, South, South Australia, State, Tasmania, Tenant Rights, Victoria, Western Australia

Spacest Tenant Reviews: What Aussie Renters Need to Know

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A Trustpilot reviewer details a frustrating experience with property management platform Spacest, highlighting issues relevant to Australian property professionals. The reviewer claims their rental deposit remains unrefunded months after vacating a property, despite the "all-inclusive" rent. Spacest, acting as intermediary, allegedly deflects responsibility to the landlord, hindering communication and resolution. This lack of transparency and accountability raises concerns about potential risks for property managers using similar platforms. The reviewer's intention to escalate through public statements and legal action underscores the importance of clear communication, efficient dispute resolution, and robust tenant-landlord agreements for Australian property professionals to avoid similar conflicts. This case highlights the importance of due diligence when choosing third-party platforms.

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Tuesday February 25, 2025Tuesday February 25, 2025Analysis, Australian Capital Territory, Commercial, Downsizing, Infrastructure, Land, Office, Perspective, Planning, Property, Residential

ACT Stamp Duty Guide for Property Professionals

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Understanding ACT Stamp Duty: A Guide for Property Professionals

For Australian property professionals operating in the ACT, a firm grasp of stamp duty is crucial. While general rates apply, significant concessions exist, impacting affordability for many buyers. General rates are tiered, starting at $20 or $1.30 per $100 (whichever is greater) for properties up to $200,000 and increasing progressively with property value.

Crucially, the Home Buyer Concession Scheme offers substantial reductions for eligible first-home buyers purchasing new homes or vacant land under specific price thresholds ($607,000 and $329,500 respectively). Further concessions are available for pensioners and those with disabilities. Pensioners can benefit from exemptions and concessional rates up to higher thresholds, while eligible individuals with disabilities can receive full exemptions for properties up to $750,000.

Remember, these concessions have eligibility criteria based on income, prior property ownership, and intended occupancy. Stay updated via the ACT Revenue Office website for the latest details.

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Tuesday February 25, 2025Tuesday February 25, 2025Australian Capital Territory, Growth, Interest Rates, Melbourne, Northern Territory, Planning, Property, Queensland, Residential, South, South Australia, State, Tasmania, Victoria, Western Australia

Rental Bidding Wars: Are Upfront Payments Fueling Aussie Price Hikes?

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A new report highlights a growing trend of Australian renters "voluntarily" offering above-advertised rental prices, adding potentially thousands to their annual housing costs. While explicit "rent bidding" (soliciting higher offers) is illegal across Australia, a grey area exists where landlords can accept unsolicited higher offers. This practice raises concerns about market transparency and affordability, particularly in competitive metropolitan areas.

The practice also raises a question about the impact of tenant offered rent bidding on the suburb's median rental prices.

Each state and territory has slightly different legislation. For instance, South Australia imposes penalties for encouraging "rent bidding", while the Northern Territory prohibits accepting rents higher than the advertised price. Victoria is attempting to close existing loopholes around rent bidding laws.

Experts suggest that some agents may be advertising properties at deliberately low prices to encourage overbidding, fuelling the frustration felt by renters.

For Australian property professionals, this situation demands careful navigation. Real estate agents must balance ethical considerations and legal compliance when accepting offers. Property managers need to ensure accurate pricing and transparency in listings. Developers must stay informed about rental market dynamics to address the need for affordable housing. Investors need to understand that capital growth and yield may be impacted by the changing regulatory and ethical environment. Staying informed, transparent, and compliant with evolving regulations is crucial for all industry stakeholders.

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Monday February 24, 2025Monday February 24, 2025Australian Capital Territory, House, Lease Agreements, Local, Maintenance, New South Wales, Northern Territory, Office, Property, Queensland, Residential, South, South Australia, State, Tasmania, Victoria, Western Australia

London Rental Market Insights: What Blackheath Park’s 4-Bedroom Listing Means for Aussie Renters

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This exquisite four-bedroom end-of-terrace house, part of an exclusive seven-house development in London's Blackheath Park, presents a unique opportunity for discerning buyers. Blending original 1896 features with contemporary luxury, the property boasts a stylish kitchen with Miele appliances and gold fittings, a main living space with bespoke cabinetry and a gas fire, and a lower-ground bedroom suite with a private patio. Multiple bathrooms feature marble tiling and gold fixtures, adding to the high-end finish. Located near Blackheath Village with its shops and amenities, and offering easy access to transport links for London Bridge, Canary Wharf, and other key destinations, this freehold property offers the perfect blend of luxury, convenience, and historical charm. Ideal for presenting to high-net-worth clients seeking a premium London property. Note the south-facing garden and proximity to highly-rated schools.

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Monday February 24, 2025Monday February 24, 2025Australian Capital Territory, New South Wales, Northern Territory, Office, Perspective, Property, Queensland, Residential, South, South Australia, State, Tasmania, Tenant Rights, Victoria, Western Australia

Abandoned Rentals: Can Aussie Tenants Lose Their Lease?

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California's property abandonment laws have implications for Australian property professionals, offering insights into managing vacant properties and tenant belongings. In California, landlords must follow a strict legal process before disposing of a tenant's abandoned possessions. This includes providing written notice and allowing a 15-18 day reclamation period. Items valued under $700 can be disposed of after this period, while higher-value items require a public auction. Abandoned real estate can be subject to foreclosure for unpaid taxes or claimed through adverse possession after five years. While Australian laws differ, understanding these procedures highlights the importance of clear communication, legally sound processes, and proactive property management to mitigate risks associated with abandonment. This knowledge can inform best practices for Australian professionals dealing with similar situations, even within a different legal framework.

Tharwa Australian Capital Territory
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Sunday February 23, 2025Sunday February 23, 2025Australian Capital Territory, Growth, House, Infrastructure, Local, National, Property, Residential

Discovering Tharwa: A Hidden Gem in the Australian Capital Territory’s Natural Landscape

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Nestled in the picturesque Australian Capital Territory (ACT), Tharwa is a hidden gem that boasts a unique blend of natural beauty, rich history, and a close-knit community vibe. Situated just a stone’s throw from the bustling centre of Canberra, this charming village offers tranquillity without sacrificing access to urban amenities, making it one of the...

South Canberra Australian Capital Territory
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Monday February 3, 2025Monday February 3, 2025Australian Capital Territory, Growth, Infrastructure, Local, National, Property, Property Prices, Residential, South, Urban Development

Discovering South Canberra: Hidden Gems and Cultural Treasures in the Heart of the Australian Capital Territory

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Welcome to the Neighbourhood Welcome to South Canberra, a thriving hub that beautifully marries suburban tranquillity with urban vibrancy. As one of the oldest parts of the Australian Capital Territory, it showcases a rich tapestry of culture, history, and community spirit. From its iconic landmarks to its modern conveniences, South Canberra offers a unique lifestyle...

Molonglo Valley Australian Capital Territory
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Thursday January 23, 2025Thursday January 23, 2025Analysis, Australian Capital Territory, Commercial, Growth, Industrial, Infrastructure, Investment Strategies, Local, Office, Planning, Property, Property Prices, Residential, Retail, Sustainability

Unlocking Opportunities: Commercial Property Investment Trends in Molonglo Valley, Australian Capital Territory, for 2025

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By APN Local Analyst This information is for general guidance only and not financial advice. Introduction The Molonglo Valley in the Australian Capital Territory (ACT) is positioning itself as a burgeoning hub for commercial property investment, particularly as we move towards 2025. With its unique geography, proximity to the Canberra Central Business District (CBD), and...

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Thursday January 23, 2025Thursday January 23, 2025Analysis, Australian Capital Territory, Commercial, Green Building, Growth, Industrial, Infrastructure, Investment Strategies, Local, National, Office, Planning, Property, Property Management, Residential, Retail, State, Sustainability

Exploring Key Commercial Property Investment Trends in 2025: Insights from Majura, Australian Capital Territory

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By APN Local Analyst This information is for general guidance only and not financial advice. Introduction As we navigate through 2025, the commercial property market continues to evolve amid fluctuating economic conditions and changing consumer preferences. Majura, located in the Australian Capital Territory (ACT), offers unique opportunities for property professionals, investors, and business owners seeking...

Pialligo Australian Capital Territory
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Wednesday January 22, 2025Wednesday January 22, 2025Agricultural, Australian Capital Territory, Commercial, Growth, House, Infrastructure, Local, Planning, Property, Residential, Rural

Discovering Pialligo: A Hidden Gem of the Australian Capital Territory with Rich Agricultural Heritage and Scenic Beauty

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Your friendly neighbourhood property expert! Welcome to the Neighbourhood Nestled on the fringes of Canberra, Pialligo is a delightful blend of rural charm and metropolitan convenience. With its rich agricultural heritage, this hidden gem has become one of the most sought-after locales within the Australian Capital Territory (ACT). The scenic beauty of Pialligo, characterised by...

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Wednesday January 22, 2025Wednesday January 22, 2025Analysis, Australian Capital Territory, Certifications, Commercial, Global, Growth, Hume, Industrial, Insight, Interest Rates, Investment Strategies, Local, Maintenance, Office, Property, Property Management, Residential, Retail, Sustainability, Zoning

Navigating the Future: Commercial Property Investment Trends in Hume, Australian Capital Territory for 2025

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By: APN Local Analyst This information is for general guidance only and not financial advice. Introduction As we look towards 2025, the commercial property landscape in Hume, Australian Capital Territory (ACT) is poised to evolve significantly. Understanding the emerging trends in this region is crucial for property professionals, investors, and business owners keen on capitalising...

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Wednesday January 22, 2025Wednesday January 22, 2025Australian Capital Territory, Growth, House, Infrastructure, Local, National, Property, Residential, Urban Development

Exploring North Canberra: Hidden Gems and Community Spirit in the Heart of the Australian Capital Territory

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Welcome to the Neighbourhood Nestled within the heart of the Australian Capital Territory, North Canberra stands as a vibrant tapestry of culture, history, and community spirit. A harmonious blend of urban amenities and natural beauty, this region has captivated both residents and visitors alike. By 2025, North Canberra has emerged as one of the most...

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Tuesday January 21, 2025Tuesday January 21, 2025Analysis, Australian Capital Territory, Certifications, Commercial, Growth, Investment Strategies, Local, Office, Planning, Property, Property Prices, Residential, Retail, State, Sustainability, Zoning

Emerging Commercial Property Investment Trends in 2025: A Focus on Hall, Australian Capital Territory

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By APN Local Analyst This information is for general guidance only and not financial advice. Introduction The commercial property landscape in Australia is continually evolving, and as we reach 2025, new trends are emerging that property professionals, investors, and business owners must navigate. This article focuses specifically on Hall, a charming suburb of the Australian...

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Tuesday January 21, 2025Tuesday January 21, 2025Analysis, Australian Capital Territory, Certifications, Commercial, Economic Factors, Global, Growth, Industrial, Inflation, Infrastructure, Interest Rates, Investment Strategies, Leasing, Local, Office, Planning, Planning Regulations, Property, Property Management, Residential, Retail, Sustainability, Zoning

Navigating the Future: Commercial Property Investment Trends in Gungahlin, Australian Capital Territory for 2025

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By APN Local Analyst This information is for general guidance only and not financial advice. Introduction As 2025 approaches, the landscape of commercial property investment in Australia continues to evolve, influenced by various socio-economic factors, market dynamics, and emerging trends. In particular, Gungahlin, located in the Australian Capital Territory (ACT), presents a unique opportunity for...

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Tuesday January 21, 2025Tuesday January 21, 2025Australian Capital Territory, Growth, House, Interest Rates, Local, Planning, Property, Residential

Exploring Molonglo Valley: The Emerging Heartbeat of the Australian Capital Territory

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Nestled between the rugged mountains and pristine nature reserves, Molonglo Valley is swiftly becoming the vibrant new heartbeat of the Australian Capital Territory (ACT). Originally part of Canberra’s planning vision, this area is now seeing an explosive growth in residential properties, lifestyle amenities, and a rich cultural tapestry. With panoramic views, modern living, and abundant...

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Monday January 20, 2025Monday January 20, 2025Australian Capital Territory, Growth, Infrastructure, Local, Property, Residential

Discovering Majura: The Hidden Gem of the Australian Capital Territory and Its Rich Tapestry of Nature and Community

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Welcome to Majura, a suburb in the heart of the Australian Capital Territory, burgeoning with a vibrant community and natural beauty. Often overshadowed by its more developed neighbours, Majura is 2025’s hidden treasure that offers an intriguing mix of local culture, unparalleled amenities, and an inviting residential landscape. Whether you’re looking to buy your first...

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Friday January 17, 2025Friday January 17, 2025Adelaide, Australian Capital Territory, Brisbane, Hobart, Local, Melbourne, National, National Perspective, New South Wales, Perspective, Perth, Property, Queensland, South, South Australia, Tasmania, Training, Victoria, Western Australia

Barking Up the Right Tree: Discovering the Best Dog Parks for Apartment Living in Australia’s Major Cities

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By APN National Perspective This information is for general guidance only and not financial advice. Introduction: Why Dog Parks Matter for Apartment Dwellers Living in an apartment can sometimes feel like an endless cycle of concrete walls and busy streets. But if you’re a dog owner, your furry friend can bring a splash of vibrancy...

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Thursday January 16, 2025Thursday January 16, 2025Analysis, Australian Capital Territory, Commercial, Green Building, Growth, Industrial, Infrastructure, Insight, Investment Strategies, Office, Planning, Property, Retail, State, Sustainability

Navigating the 2025 Landscape: Key Commercial Property Investment Trends in Canberra Central Australian Capital Territory

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Navigating the 2025 Landscape: Key Commercial Property Investment Trends in Canberra Central Australian Capital Territory As we move deeper into 2025, the commercial property landscape in Canberra, the Australian Capital Territory (ACT), reveals a dynamic array of investment opportunities. Understanding these trends is essential for property professionals, investors, and business owners seeking to make informed...

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Wednesday January 15, 2025Wednesday January 15, 2025Australian Capital Territory, Growth, House, Infrastructure, Local, Property, Residential

Discovering Gungahlin: A Hidden Gem of the Australian Capital Territory Brimming with Culture and Community

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Welcome to the Neighborhood Welcome to Gungahlin—an emerging enclave that combines modern living with rich community spirit in the Australian Capital Territory. Nestled just north of Canberra, Gungahlin has evolved dramatically over the past few years, and as of 2025, it’s become a hub for families, young professionals, and anyone looking for a vibrant suburban...

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Monday January 13, 2025Monday January 13, 2025Analysis, Australian Capital Territory, Commercial, Global, Growth, Industrial, Infrastructure, Local, Office, Planning, Property, Regional, Residential, Retail, State, Sustainability, Zoning

Commercial Property Investment Trends in 2025: A Focus on Belconnen, Australian Capital Territory – Strategies for Savvy Investors

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By APN Local Analyst This information is for general guidance only and not financial advice. Introduction The commercial property landscape in Australia continues to evolve, influenced by changing economic conditions, technology advancements, and demographic shifts. In 2025, the ACT region, particularly Belconnen, stands out as a promising locale for savvy investors seeking to capitalise on...

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Sunday January 12, 2025Sunday January 12, 2025Australian Capital Territory, Downsizing, Growth, Hobart, Local, Maintenance, National, National Perspective, New South Wales, Northern Territory, Perspective, Property, Queensland, Residential, South, South Australia, State, Tasmania, Tenant Rights, Victoria, Western Australia

Tenant Rights Uncovered: Navigating Apartment Living in Australia for First-Time Renters and Downsizers Alike

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As the sun rises over the vibrant streets of Sydney or the quiet lanes of Hobart, many Australians find themselves at a pivotal point in their lives: moving into an apartment. Whether you’re a first-time renter excited about your new independence or a downsizer embracing a simpler and moremanageable lifestyle, understanding your tenant rights is...

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Sunday January 12, 2025Sunday January 12, 2025Agricultural, Australian Capital Territory, Land, Local, National, National Perspective, New South Wales, Pastoral, Perspective, Rural, South, Sustainability, Victoria

Balancing Act: Growing Crops and Tradition on Australia’s Iconic Sheep Stations

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Balancing Act: Growing Crops and Tradition on Australia’s Iconic Sheep Stations By APN National Perspective Disclaimer: This information is for general guidance only and not financial advice. In the heart of Australia, where sun-baked soil meets sprawling landscapes, iconic sheep stations represent not just agricultural estates but vital threads woven into the fabric of rural...

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