Records set to tumble inside the Canberra property bubble
Records set to tumble inside the Canberra property bubble Share Canberra’s property bubble shows no signs of bursting, with commercial office sales on track to hit a record $1 billion this year and further price rises tipped for its red-hot housing market, now on a two-year streak. Irongate Group paid $73.75 for this office building in Forrest, down the road from Parliament House. Another four major office deals are set to close within the next few weeks, among them the highly regarded Walker Corporation development at 50 Marcus Clarke Street, which has a price guide of about $350 million...
Source: afr.com