Canberra offers a strong opportunity for investors veering away from the Melbourne and Sydney markets.
With affordable prices and a steadily growing population, Canberra is gaining investor interest. New sleek developments like The Grande on London by developer Geocon could be ideal properties for investors to dip their toes into.
With apartments starting from $544,900*, already over 200 of the 332 homes in the building have sold, with buyers appreciating its central location and modern comforts and conveniences.
“Its location is one of its biggest selling points,” said Simon Chester, Director of Sales and Strategic Partnerships at Geocon.
“It’s right next to the lake and between two world top fifty ranked universities – The Australian National University and the new University of New South Wales campus – currently preparing to commence construction – it’s also right in the heart of the city, so in terms of location, it doesn’t get …