JANUARY UPDATE

As we embark on a new year, we extend a warm welcome to 2024 in the Canberra real estate market. It promises to be another exciting and dynamic year, filled with opportunities and challenges.

Building on the successes of the past year, we are ready to adapt and thrive in the ever-changing landscape. We know that Canberra's property market typically experiences a slowdown in sales activity during the festive period, but rest assured, our Property Management teams and Coastal sales agents have been tirelessly working to deliver exceptional results.

Reflecting on 2023, our collective strength and perseverance enabled us to achieve remarkable outcomes. As a part of the Blackshaw Real Estate network, we conducted thousands of busy inspections and successfully sold 720 properties. The standout achievements of the year include 2377 properties under managment and surpassing our previous record of the highest ever auction sale record for the ACT.

Looking ahead to 2024, we anticipate continued growth in the market, although there may be some external factors to consider. Interest rate relief, affordability, infill development, population growth, rental growth tipping point and more. Overall, most industry observers predict a steady market for 2024, building on the growth seen in previous years.

We encourage you to stay connected with us as we navigate through the year, providing you with updates, insights, and unparalleled service.

Rest assured, our dedicated team is here to assist you in navigating the ever-changing Canberra real estate market. Welcome to 2024, a year filled with possibilities and new opportunities. Let us embark on this journey together, ensuring your real estate needs are met with utmost professionalism and success.

For any further information or queries please contact your local Blackshaw Real Estate professional.