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.

The ACT Government has invested a further A$300 million for additional municipal projects over the next four years. These include the construction of new schools, road improvements around the airport and in Tuggeranong and multistorey parking at the Canberra Hospital. Additionally, the government owned corporation, ACTEW, is investing A$500 million into capital works over the next three to four years. It is also part of a consortium planning to build a A$2 billion gas-fired power station and data centre in the ACT.

This is what just some of the experts are saying:-

January 17, 2012 12:30AM

PROPERTY investors should think of Canberra as one of the best spots in the country, a new survey finds.
Canberra tops a list of 50 hot spots identified by an expert panel for magazine Smart Property Investment. The magazine’s editor, Phillip Tarrant, said the investment hot-spots were chosen based on their population growth, demand for housing, income level, employment, vacancy rates, previous capital growth and current gross rental yields. The city’s high incomes and a scarcity of land would underpin strong growth in property prices.
Canberra’s continued physical growth is rapidly enhancing its strong reputation as a highly desirable place in which to live and work. Sustained activity in the private and public sector have opened up a myriad of investment, employment and business opportunities.
Tens of thousands have made the move here temporarily, never to leavenow that’s a testimonial.’
John Miller, Master Builders Association

ACT Excerpt from the 2012 March Market report
A stoic performance in the latter stages of 2011 should complement a high demand for accommodation and see Canberra’s property market beat the growth of other major centres in 2012.
Canberra has proved resilient for property over the past three years, according to APM senior economist Andrew Wilson. He puts this down to a combination of low unemployment, a shortage of accommodation and a lack of reliance on volatile industries.