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Australia’s residential property market is edging toward twelve trillion dollars in total value after a quarterly rise of about 2.2 per cent. It is not surprising. Demand is holding, credit conditions remain workable and available stock is still tight across several capitals.
For households, it reinforces that wealth continues to be built through property.
For institutional investors, it keeps housing positioned alongside infrastructure and long term capital.
For active buyers and sellers, it means competition and discipline remain essential in every decision.
The ACT’s plan to release around twenty six thousand homes by 2030 is now showing more substance. When supply is backed by infrastructure rather than projected on paper, the odds of genuine value growth improve. It creates clearer signals for buyers, stronger foundations for developers and better outcomes for long term planning.
A thirty hectare parcel of land between Googong Township and Queanbeyan has been rezoned, setting up around eighty six new lots between six hundred and one thousand square metres.
Key points:
– The regional council, QPRC, signed off on the change.
– Minimum lot sizes that once stretched from one thousand square metres to ten hectares have shifted to support moderate density.
– Importantly, sections of endangered box gum woodland have been protected through dedicated conservation zoning.
For the Canberra region, this is more than the next estate in the queue. It shows supply levers working together, where zoning reform, lot segmentation and development access combine to move projects from planning to real delivery.
– Lot size variety is improving, offering more choice but also more competition.
– Greenfield locations like Googong may outperform inner ring suburbs that lack future supply alignment.
– Ask whether the suburb you are targeting is in a corridor where supply is expanding or where it has reached its limit.
– If your asset sits near rezoned or infrastructure aligned corridors, you may already be well placed in the next phase of the cycle.
– Buyers now expect design quality, transport access and amenity, even in greenfield areas.
– Mid density continues to gain traction. Larger lots need to deliver a clear premium or niche appeal.
– Rezoning without services delays delivery. Infrastructure and approvals must advance together.
– Ecological considerations and lot mix need to be transparent from the outset.
– Clear timelines for new estates build confidence across the market.
– Development applications at the Googong Queanbeyan rezoned site and the pace of lodgements.
– Updated timelines on the ACT’s 26,000 home target, including servicing plans and estate development partnerships.
– Listing volumes and price behaviour in suburbs near active growth corridors such as Googong and Throsby.
Real value is created where supply, strategy and infrastructure align. Canberra is beginning to show that alignment across several corridors. If you are buying, selling or developing, focus on strategic positioning rather than chasing short lived market noise.
If you want clarity on how these changes apply to your property decisions, our team can guide you through the detail.
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