Property Forecasting > Report

Canberra Commercial Property Prospects 2020-2030

​Canberra's office market is relatively protected from the negative employment impacts of the COVID-19 pandemic being felt elsewhere.  Net absorption should remain positive thanks to the dominance of the public sector and we expect the vacancy rate to fall. However, new supply coming on to the market over the next few years means that further decisive improvement in the vacancy rate – and, with it rents – is some years off.  

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