Property Forecasting > Report

Canberra Commercial Property Prospects 2018-2028

The Canberra market is in the early phase of a moderate upswing that is expected to last well into next decade. Commonwealth staff numbers are increasing again after 5 years of cut-backs. Moreover, a change of government at the next election would temporarily boost demand due to the churn generated by re-shuffling portfolios and agencies’ responsibilities. However, new construction will impose a speed limit on future rental growth.

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