Buying Property — In Canberra

: Vacancy rates remain tight at 1.4% to 2.0% , maintaining upward pressure on rents. However, annual rental growth has slowed to roughly 2.9% for houses, the slowest among Australian capital cities. 2. The Unique ACT Leasehold System

The ACT is progressively abolishing stamp duty (conveyance duty) in favor of higher annual general rates. buying property in canberra

The Canberra market is in a phase of measured recovery following stabilization in 2024 and 2025. : Vacancy rates remain tight at 1

Buying property in Canberra in 2026 requires navigating a unique 99-year leasehold system, a tax landscape shifting from upfront stamp duty to annual land taxes, and a market currently defined by steady, moderate growth. As of April 2026, the median house price in the ACT is approximately , while units and townhouses offer a more accessible entry point with a median value of $590,702 . 1. Market Overview and Trends (2026) The Unique ACT Leasehold System The ACT is

: If the property is not your primary residence, you will face higher annual land costs and fees than in many other states, which can significantly impact investment yields. 4. The Buying Process Step-by-Step