Canberra

Canberra
June 19, 2014 Simon Pressley

The Nation’s capital has a very high reliance on government employees (politicians, military training bases, federal police academy). The incoming federal government has flagged the possibility of up to 12,000 job cuts and it stands to reason that a significant portion of these will be in Canberra. On the supply side, the construction pipeline is growing. Canberra’s property market will perform below par for the foreseeable future.

Supply_CanberraTop10_2014

Dwelling Supply & Demand

Building Approvals

Government Employee Numbers

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