There appears to be a strong recovery of first home buyers in Canberra.
The END of the financial year – and stamp duty concessions are the apparent reasons behind the motivation for first home buyers in the A.C.T.
Those who want to downsize are also taking advantage of the current economic conditions.
Over the recent Kings Birthday long weekend, one first home buyer won the auction of a near 1.2 million dollar house in Forde.
If that’s out of your price range, other recent Canberra area sales of smaller properties have been priced above 700-thousand dollars.
Auction clearance rates in the A.C.T. have reportedly remained steady
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