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I actually had someone offer higher than the advertised rent for the last IP we rented out 3 months ago. I'm sure that's unique though -it appealed to a certain niche and there weren't a lot of properties like ours available in that area. Cheers Jamie

The vast majority of my clients are based interstate. Having said that, I haven't seen the level of buying activity slow down in terms of the business I write for ACT clients. First Home Buyers have slowed - but still plenty of investors and upgraders buying. Cheers Jamie

Exactly my point. Cheers Jamie

There's plenty of Canberran's that would promptly capitalise on any significant decrease in price - be it first home buyers or investors. So any drop in prices won't last long because demand would quickly rise again. The talk of APS job cuts is not new in Canberra. APS job cuts usually...

I'm not holding my breath. There's always talk of APS job cuts and subsequent property price drops. A lot of people are "waiting" for the election before they jump in. This could cause a spike in buying activity and prices going into this summer, especially if rates drop again. Cheers...

I recently rented out a house in Calwell and a unit in Qbn without too much difficulty. The abundance of units coming on the market will impact supply - but I'm not sure how relevant that would be for a house out in Nicholls. I've got a townhouse in Nicholls and keep an eye on the market...