Yes, but its fast approaching the peak if not already reached. Rents rise faster in Canberra than in any other Australian capital city: report There was a flat period, and now a recent surge as the local economy improves and grows again. read more
Canberra's rental market is among the tightest in the country, but agents say it is a tale of two cities. University students and public service graduates are driving a surge in demand for housing in inner city areas, while outer suburbs retain high vacancy rates. read more
From a supply and demand perspective, the suburb looks to be in a strong position to see price increases. There is a low amount of property available on the market (just 0.7% of all properties), but conversely, demand is strengthening. read more