2019-2020 Property Market Outlook for Canberra

The property market in the Australian Capital Territory has not performed as well in 2019 as the area’s neighbouring zones, notably, the Yass Valley and Snowy Monaro regional council zones. A factor to note when comparing the property markets in these areas is that of sales volume. The ACT is a larger market than neighbouring LGAs. Sales by house and unit market segments for 2018-2019 register in the thousands, whereas surrounding council areas only experience sales in the hundreds per property type.