Agent view: Interstate activity on the rise

The new year has shown an increase in interstate activity in the Canberra market with buyers from Victoria and NSW both adding to the growing numbers through open-for-inspections.

We are also excited to see a surge of renters across the city and in particular the inner suburbs bringing the vacancy rates down to a low not seen for many years.

Interstate buyers and investors are once again feeling confident in the Canberra market and are looking to the ACT to purchase either for their children attending university or to hold long term, gaining from the rental yield.

Helen Kalogris is a senior sales agent at LJ Hooker Canberra City