Why Canberra – a Great Place to Buy

Take advantage of the employment opportunities and lifestyle benefits available in Canberra, Australia’s capital city.

What’s more, Canberra offers a fantastic lifestyle for you and your family, with an outstanding school system, excellent health services, shorter commuting times, plenty of fresh air and community living. Much of what is best about Australia can be found in the nation’s capital – it’s a clean, safe and relaxed place to live.

Canberra has all the lifestyle amenities, city services and events of a world-class capital, yet the bush is on our doorstep and Sydney, the snowfields and south coast beaches are within easy reach.

A Growing Economy

Australia has one of the world’s most stable economic, political and social systems, enjoying fifteen consecutive years of continuous economic growth (Sydney Morning Herald, Feb, 2006), and ranked by the World Economic Forum as the 10th most competitive economy in the world (September 2005).

The ACT’s Gross State Product (GSP) rose by 5 per cent in volume terms in 2006-07 to reach A$21 billion. The ACT’s growth in GSP was higher than the national Gross Domestic Product (GDP) growth rate of 3.2 per cent. (ACT Government, 2008)
Over the past 10 years, GSP in Canberra has grown in real terms by almost 40 per cent.

For more information on Canberra’s economy visit http://www.business.act.gov.au/home

Investing in Canberra

In the age of the knowledge economy, Australia’s capital offers exceptional opportunities. Canberra is the ‘clever capital’ where you’ll find the best-educated workforce and the highest per capita income in Australia. It’s an environment that nurtures innovation across many fields of endeavour. It’s also home to the biggest customer in Australia – the national government.

Follow this link to discover the top ten reasons to invest in Canberra.

Diversification

The stable, well managed Canberra property market provides an excellent opportunity to diversify your property portfolio.

Historically high returns

In the twenty years to 2003, Australian residential investment property has achieved gross investment returns per annum of 15.1%, according to the Towers Perrin report.

Canberra Property Buyer Solutions can assist you in accessing this market by taking care of all your requirements, including providing market information, analysis of relevant tax laws, assistance with funding, and advice on regulations covering foreign investment.

With Canberra Property Buyer Solutions you can now safely access this market, and buy excellent properties sight-unseen.

Canberra’s Strategic Location

Canberra is strategically positioned between the major state capitals of Sydney and Melbourne. A modern freeway puts Sydney’s metropolitan area within a three-hour drive. Each week, there are around 300 aircraft flights between Canberra and Sydney, 200 between Canberra and Melbourne and 100 between Canberra and Brisbane, plus daily direct flights to most state capitals and a range of regional centres. There is also a direct rail link between Canberra and Sydney, carrying both passengers and freight.

Lifestyle

Living in Canberra is easy. Our ‘bush capital’ has a picturesque location with mountain views. It’s a young city, where the outdoors is a feature of life. There are great facilities for organised and individual sports, or just strolling through our parks and natural bushland. Cafes and restaurants reflect the many cultures that intersect here and theatre, music and galleries are an integral part of city life. To learn more about our lifestyle, visit: www.liveincanberra.com.au.

Multiculturalism

As you’d expect from a national capital, Canberra is a diplomatic hub with a truly cosmopolitan society. Our universities also attract many overseas students to study in a clean, safe and attractive environment. Canberra’s crime-rate is low and we enjoy clean air, high levels of social consciousness and community participation, and excellent health and education facilities.

Cost of living

Whether you are buying a house, parking the car or sipping a coffee, you’ll find it’s cheaper in Canberra. Here’s how some of the costs stack up, in $AUD:

  • All day parking in the city: $5.00 – $7.50
  • Cappuccino: $3.00
  • Movie ticket: $15.50
  • Bus ticket: $3.00 (weekly Faresaver $22.00)
  • Entry to Australian War Memorial, National Gallery of Australia, National Museum of Australia, Canberra Glassworks: Free
  • Pool admission: $4.50
  • Entry to National Zoo and Aquarium: Adults – $23.50, Children 0-3 – Gold coins, Children 4-15 – $12.50
  • Floriade entry: Free
  • Median house weekly rent: $395 per week
  • Median house price: $435,000
  • Median unit price: $360,000

To learn more about the lifestyle in Canberra visit: www.liveincanberra.com.au

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