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The Australian residential property market is the section of the Australian property market that provides rental properties by landlords to tenants. In Australia 31% of households rent their residences. [1] The vast majority rent from private landlords, and a small minority rent from public housing authorities.
The rental cost for each cottage was based on the money paid for the construction of each. A cap was placed on building costs in each suburb which resulted in the lower paid officials transferring to Canberra being houses in Ainslie, North Ainslie and South Ainslie (now Braddon, Ainslie & Reid). The better paid officials moved into Forrest.
Defence Housing Australia (DHA) is an Australian government business enterprise established by the Defence Housing Australia Act 1987. DHA supplies housing and related services to Australian Defence Force members and their families in line with Defence operational requirements. To meet these requirements, DHA is active in Australian residential ...
As of 2014, privately sold houses in Canberra spent about 34 days on the market, according to RP Data – the second shortest period in the country. Canberra houses sold by private treaty spent the same time on the market as those in Melbourne; a week longer than Sydney, where houses are on the market for an average of 27 days. Privately sold ...
In 2022 the Australian residential rental market saw an annual increase in rents of 12%, the strongest increase in 14 years. Across Australia the vacancy rate was 1%, when a rate below 2% is considered very competitive with affordability constraints impacting tenants. [26] A number of sources have described the situation as a ‘rental crisis’.
According to the 2006 census, Australia's public housing stock consisted of some 304,000 dwellings out of a total housing stock of more than 7.1 million dwellings, or 4.2% of all housing stock [3] (compared with 20% in Denmark, 46% "low rent housing" in France and 50% public housing in the UK at peak). [citation needed]
The construction of 21 display homes was completed in May 2009. By July 2012 more than half of the houses were complete. The majority of homes were complete by 2015. The ACT government selected developers for the area as Defence Housing Australia and Canberra Investment Corporation. The developers were expected to make $60,000,000 but had to ...
Map of part of the Australian Capital Territory, with labels in red font denoting some (but not all) suburbs This is a list of suburbs in the Australian Capital Territory, in Australia. Suburbs are listed according to the districts in which they are located. Town centres, Group Centres, or suburbs containing group centres, appear in bold. (Some group centres or town centres have names ...